Homester.com Web News Archive

Briefing - Asia Real Estate - Aug 15, 2007 (Asia Pulse via Yahoo! Asia News) - An executive briefing on real estate for Aug 15, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

Merger creates new, larger family-run commercial real-estate company (St. Louis Post-Dispatch) - Two Metro East brothers running rival businesses will merge the companies to create what they say will be the largest commercial real estate firm in Southern Illinois.

Yusuf Bey IV Accused In Real Estate Scam (NBC 11 Bay Area) - The son of Your Black Muslim Bakery founder Yusuf Bey, who already faces kidnapping and torture charges, is charged with 12 felony counts for an alleged real estate scam.

Japan fund to invest $5.5 bln in real estate-paper (Reuters via Yahoo! Asia News) - TOKYO, Aug 15 (Reuters) - Japan's largest private-sector pension fund manager, the Pension Fund Association, will invest as much as $5.5 billion in the business year starting next April 1 in real estate development projects, the Nikkei business daily reported on Wednesday.

Commercial real estate action expected to slow (The Globe and Mail) - The pace of Canadian commercial real estate deals could slow next year, but a collapse is not expected despite higher borrowing costs and investor skittishness stemming from the residential subprime mortgage crisis in the U.S., according to brokerage firm CB Richard Ellis Ltd.

Sarasota the center of the real estate bust? (FOX 13 Tampa Bay) - Sarasota the center of the real estate bust? SARASOTA - It's no secret that the financial gyrations on Wall Street and in many of the global markets have been wild.

Real estate the story in Jackson Hole (Vail Daily) - JACKSON HOLE, Wyo. — Real estate continues to become an ever bigger part of the story in Jackson Hole, even if the real estate being sold isn’t in Jackson Hole proper.

Clarkson Valley decreases real estate tax (Chesterfield Journal) - The Clarkson Valley Board of Aldermen Aug. 7 approved the city's 2007 real estate tax rates. The rate for residential real estate will be 10.3 cents per 100 assessed valuation, down from 12.9 cents in 2006.

Beantown's Real Estate Boom Has Firms Jumping (Law.com) - Law firms are cashing in on Boston's robust commercial and development market and adding real estate attorneys to collect the spoils. The building frenzy, coupled with brisk sales of high-rise buildings, is boosting revenue at the city's legal real estate strongholds. Elliot Surkin, the managing partner of DLA Piper's Boston office, says low office vacancy rates are driving the building surge. ...

Realize Big Returns with Real Estate (Benton Evening News) - (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.