Homester.com Web News Archive

France: Real Estate Company Pursues Dutch Rival (New York Times) - A real estate company, Unibail Holding, said it had offered $15 billion in stock for a Dutch rival, Rodamco Europe, and that the board and a key shareholder of Rodamco had endorsed the deal. The companies estimated their combined real estate portfolios, focused primarily on European shopping malls, would have been worth 21.7 billion euros ($29 billion) in 2006 with rental income of 974 million ...

French And Dutch Real Estate Investors To Combine (Forbes) - France?s Unibail bids $15 billion for Rodamco to create region?s biggest commercial real estate firm.

Shimao sells property project stake to Morgan Stanley Real Estate Fund (Market Watch) - HONG KONG (MarketWatch) -- Chinese developer Shimao Property Holdings Ltd. said Wednesday it sold a 29.99% stake in a property project to Morgan Stanley Real Estate Fund for CNY1 billion. The Shanghai-based developer said it sold the stake in the Wuhan Shamao Splendid River development in China's central Hubei province. The project, which is expected to be completed by 2011, has residential, ...

Chesterfield real estate tax rate could be decided tonight (Richmond Times-Dispatch) - Chesterfield County's Board of Supervisors is scheduled to adopt a $1.17 billion budget tonight. What remains unclear is what real estate tax rate that budget will include.

Realize Big Returns with Real Estate (Derby Daily Reporter) - (ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days.

Bay Area real estate agent identified as plane crash victim (The Sacramento Bee) - The El Dorado County Sheriff's Department has identified the man who died in a plane crash Sunday night near Round Lake off Highway 89, on the El Dorado-Alpine county line, as Arnon Matityahu, 49, of Los Altos, a Bay Area real estate agent.

S.F. firm acquires stake in two European real estate funds (BizJournals) - Liquid Realty Partners, a San Francisco firm that buys indirect real estate interests from institutional investors in the secondary markets, has committed $82 million (62 million euros) to two pan-European real estate funds.

Real estate market builds momentum (Airdrie Echo) - According to statistics released by the Calgary Real Estate Board, the local real estate market continues to build momentum early in 2007. There were 143 MLS® sales last month, up from 125 in January and well up from the 85 sales posted in February 2006.

Man Pleads Guilty In Real Estate Fraud Case (WSMV Nashville) - A man authorities called a mastermind of real estate fraud has pleaded guilty to charges that include mortgage fraud. Video

CNL Hotels & Resorts, Inc. Stockholders Approve Sale to Morgan Stanley Real Estate and Ashford Hospitality Trust, Inc. (FinanzNachrichten) - ORLANDO, Fla., April 10 /PRNewswire/ -- CNL Hotels&Resorts, Inc. announced today that its stockholders have approved, at a special meeting, the previously announced sale transaction, consisting of the sale of select properties to a fund managed by Morgan Stanley ( Nachrichten ) Real Estate and to Ashford Hospitality Trust, Inc. , followed by the merger of the Company to a fund managed by Morgan ...