Homester.com Web News Archive

Commercial Real Estate, Come On Down (Washington Post) - Here's the next shoe to drop as a result of the bursting of the credit bubble: commercial real estate.

Macquarie looks to Chinese real estate market (International Herald Tribune) - The Australian securities firm is seeking to develop real estate trusts in China, even though financial markets are being roiled by a credit crunch and China is clamping down on property speculators.

North Carolina financial giant to buy Birmingham's Collateral Real Estate (bizjournals.com via Yahoo! Finance) - Banking giant BB&T Corp. is buying Birmingham's Collateral Real Estate Capital LLC and plans to combine it with its Laureate Capital LLC, making it one of the largest commercial mortgage banking companies in the nation.

BB&T to Buy Collateral Real Estate; Merged Entity to Have $20B Servicing Portfolio (Commercial Property News) - Financial concern BB&T has just announced plans to enhance its commercial and multi-family mortgage banking offerings with the acquisition of Collateral Real Estate Capital L.L.C. BB&T will merge Collateral with its existing commercial mortgage banking arm, Laureate Capital L.L.C., to create a single operation with a real estate servicing portfolio valued at over $20 billion.

City removing garage sale, real estate signs (CBC Edmonton) - Edmonton's sign police are cracking down on errant ones, removing thousands of garage sale and real estate advertisements from city property.

REAL ESTATE AGENCIES (St. Petersburg Times) - NEVSKY PROSTOR (show on map) Since 1996 year "NEVSKY PROSTOR" has been in the range of the top ten real estate companies. In 1998 "NEVSKY PROSTOR" became an official member of the Real Estate Association of Saint-Petersburg and started co-operation with The St.Petersburg Times.

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.

Real estate fraud suspect caught (News 8 Austin) - A man wanted for real estate fraud through the Internet is now in police custody. Francisco David Garza, 23, was arrested Wednesday night on the felony charge of burglary of habitation.

BB&T to acquire Collateral Real Estate Capital (BizJournals) - A subsidiary of BB&T Corp. plans to buy a commercial real estate finance company and create a real estate servicing portfolio of more than $20 billion.

Overdue real-estate loans jump at U.S. banks (CNN Money) - Troubled real-estate loans rise for fifth straight quarter; FDIC says it's 'closely monitoring' credit markets and the biggest banks' balance sheets.