Homester.com Web News Archive

Barwa Real Estate First-Half Profit Jumps 35% on Land Sales (Bloomberg) - Aug. 16 (Bloomberg) -- Barwa Real Estate Co., Qatar’s second-largest property developer, posted a 35 percent jump in first-half profit as it benefited from land sales and re- evaluation of some properties under construction, according to a statement posted on business information Web site Ame Info.

Real Estate Notes (Pittsburgh Tribune-Review) - News, transactions and personnel moves in the real estate industry.

Recession, debt mean future still grim for commercial real estate (Pioneer Press) - LOS ANGELES — Even as the housing market starts to show signs of recovery, fortunes for commercial real estate are looking increasingly grim — and that could spell trouble for the fragile U.S. banking sector.

Kuwait Finance inks US real estate JV (AME Info) - Kuwait Finance House (KFH) has said that it has signed a $450m joint venture agreement with UDR Inc, a US-based real estate investment company, which aims to acquire high income residential real estate in major US cities, Kuna has reported.

Kuwait Finance Forms Real Estate Venture With UDR, KUNA Says (Bloomberg) - Aug. 15 (Bloomberg) -- Kuwait Finance House and UDR Inc. , a U.S. real estate investment trust, will invest as much as $450 million in residential real estate in the United States, Kuwait’s state-owned KUNA news agency reported.

NAI Cravey Real Estate Services new leasing agent at One Shoreline Plaza (Corpus Christi Caller-Times) - NAI Cravey Real Estate Services is the new leasing agent for One Shoreline Plaza. The twin towers, at 800 N. Shoreline Blvd., have about 363,302 square feet of rentable space. The south tower is the tallest in South Texas south of San Antonio.

Real estate dirty bomb?is ticking (Atlanta Journal-Constitution) - Real estate dirty bomb?is ticking

N.J. real-estate banker still living dream despite downturn (The Star-Ledger) - Mark Zurlini is one of five principals and one of the fund managers at Palisades Financial, a real estate investment banking firm. Growing up, Mark Zurlini always thought it would be great to be a lifeguard at the Jersey...

Real estate people (Asheville Citizen-Times) - Do you have real estate news? Send it to business@CITIZEN-TIMES.com, with “real estate people” in the subject line. We will publish real estate items as soon as possible, in the order in which they were received.

Man behind real estate scams back in jail (NBC 2 Fort Myers) - A man accused of masterminding a multi-million dollar real estate fraud scam is back in a Lee County Jail.