Homester.com Web News Archive

Germany's Hypo Real Estate will survive: CEO (AFP via Yahoo! News) - Germany's stricken Hypo Real Estate bank will survive, its head insisted Sunday, after the government said it would take an 8.7 percent stake in the lender as the first step towards full nationalisation.

10:27 a.m. — Real estate conference set for October (Pacific Daily News) - The fifth annual Micronesia Real Estate Investment Conference is set for Oct. 2 and 3 at the Leo Palace Resort. The conference, held every two years, regularly attracts 300 participants, organizers said.

German govt to buy stake in Hypo Real Estate (Business Times (Malaysia)) - BERLIN: Germany’s government will take an 8.7 stake in the troubled bank Hypo Real Estate (HRE) which it is seeking to nationalise, the lender said Saturday, reporting a net loss of e5.46 billion (e1 = RM4.90) for 2008.

Germany to take 8.7 percent stake in Hypo Real Estate (Deutsche Welle) - The German government is set to take an 8.7 per cent stake in the troubled commercial property lender Hypo Real Estate. The company said in a statement that this was a first step towards recapitalizing the bank.

ON THE BLOCK / This week's top postings from The Chronicle's Real Estate blog, sfgate.com/ZGBR (San Francisco Chronicle) - For this home, the sale was easy I was chatting with a real estate agent Thursday and she said something that surprised me. I had fully expected to be commiserating with her on her lack of listings or difficulty shifting inventory, but she said it had... Presented By: Gamer Gets Pwned by His AntiVirus (Episode 3): The Nightmare    Zombies!!!! www.community.norton.com Read more Ads by Pheedo

Hypo Real Estate Has EU5.46 Billion Loss; State Stake (Update2) (Bloomberg) - March 28 (Bloomberg) -- Hypo Real Estate Holding AG , the bailed out German commercial real-estate lender, said it posted a wider-than-expected loss of 5.46 billion euros ($7.3 billion) last year and that the government will take an 8.7 percent stake as a first step toward nationalization.

Germany to take 8.7 percent stake in Hypo Real Estate (Deutsche Welle) - The German government is set to take an 8.7 per cent stake in the troubled commercial property lender Hypo Real Estate. The company said in a statement that Germany's national banking sector stabilisation fund SoFFin will buy 20 million shares at three euros a piece.

Real Estate Companies to Spend $2.25 Million in Settlement for Failing to Disclose Lead Paint Info (Kansas City InfoZine) - A large, Boston-based real estate corporation, The Community Builders, Inc. (TCB), and nearly two dozen associated property owners have agreed to pay a $200,000 penalty and spend more than $2 million in lead paint abatement work at residential properties to settle an enforcement action brought by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Housing and Urban ...

Obituary: Decorated Air Force veteran also left his mark on capital real estate (The Sacramento Bee) - Edward Hughes, a Sacramento real estate developer and decorated Air Force veteran who served his country in pivotal conflicts from the Cold War to Vietnam, died Tuesday at age 75.

ON THE BLOCK / This week's top postings from The Chronicle's Real Estate blog, sfgate.com/ZGBR (San Francisco Chronicle) - For this home, the sale was easy I was chatting with a real estate agent Thursday and she said something that surprised me. I had fully expected to be commiserating with her on her lack of listings or difficulty shifting inventory, but she said it had...