Homester.com Web News Archive

Real estate agent says saint statue helps home sales (San Antonio Express News) - For one San Antonio real estate agent, the secret to selling homes has less to do with a fresh coat of paint on the walls, and more to do with a little faith.

"Real Estate Rapist" gets 50 to 100 years (WCAX 3) - DOVER, N.H. A (New Hampshire) judge has sentenced a Maine man known as the "Real Estate Rapist" to 50 to 100 years in prison.

Al-Gharaballi: GCC Real Estate Fund concludes its third real estate acquisition in the Sultanate Of Oman (AME Info) - Global Investment House "Global" announced the conclusion of its third land acquisition in South Hail district, capital area of Muscat, the Sultanate of Oman, as part of its GCC Real Estate Fund management strategy.

Morgan Stanley to buy real-estate investor (MSNBC) - Glenborough Realty Trust said Monday it agreed to be acquired by the real estate division of investment bank Morgan Stanley for $1.9 billion in cash plus the assumption of debt.

Zee Business institutes new award for real estate (New Kerala) - New Delhi, Aug 21: Hindi business news channel Zee Business has instituted a new award to recognise excellence in real estate and construction industry.

Mitel inks deal with California real estate brokerage (Ottawa Business Journal) - California-based ZipRealty, an Internet-based residential real estate brokerage, has chosen Mitel's contact centre software and IP communications hardware to connect its 20 offices through the United States.

Real estate fee exemption reinstated (Boca Raton News) - Following complaints from one of the county's largest employers -- the real estate industry -- Palm Beach County Commissioners have reestablished an exemption in the occupational licensing ordinance for licensed professionals serving under the direct supervision of another person.

'Real estate rapist' to be sentenced, could get 50 years (Boston Globe) - A man dubbed the "real estate rapist" was set to be sentenced Monday for raping a 19-year-old woman in her house after telling her he was interested in buying it.

Morgan Stanley Real Estate Acquires Second REIT this Month (Commercial Property News) - Morgan Stanley Real Estate will buy Glenborough Realty Trust in an all-cash transaction estimated at $1.9 billion. The merger is expected to complete in the fourth quarter of 2006 after the approval of Glenborough's board of directors.

Real Estate Investment Company Appoints New Executive to Acquire and Develop Multifamily Properties (Multi-Housing News) - AUGUST 21, 2006 -- Dallas -- Behringer Harvard, a real estate investment company, has appointed a new executive, Mark Alfieri, to handle its multifamily properties.