Homester.com Web News Archive

Commercial Real Estate Right On The Money (Forbes) - With the subprime crisis scaring off investors, commercial real estate may be the way to go for those looking for a bargain.

Real Estate Group Spent $1.3M Lobbying (AP via Yahoo! Finance) - The Real Estate Roundtable spent nearly $1.3 million in first half of 2007 to lobby the federal government, according to a disclosure form.

FX Real Estate Registers Shares With SEC (AP via Yahoo! Finance) - FX Real Estate and Entertainment Inc. on Friday filed with the Securities and Exchange Commission to register shares of its common stock for distribution to stockholders of entertainment company CKX Inc.

Willits projects $174M in real estate revenue (Aspen Daily News) - The developers of the Willits Town Center project expect to realize real estate revenues of $174 million between 2009 and 2013. The projection was given to the Basalt Planning and Zoning Commission as part of an application to add an additional 100 condos to the project.

David Hendricks: Australian trust opens San Antonio industrial real estate to the world (San Antonio Express-News) - Industrial and warehouse investments of more than $150 million from an Australian real estate trust will open San Antonio's industrial and logistics industries to more global customers. Asian-made freight entering the U.S. market through Mexico and into San Antonio was one attraction for the Australian trust.

KeyBank Real Estate Bond Rating Raised (AP via Yahoo! Finance) - Fitch Ratings on Friday upgraded its ratings on bonds issued by KeyBank Real Estate Capital that are backed by commercial mortgages.

Real estate Web site cuts 50 jobs (The State) - RealEstate.com, a Charlotte-based unit of IAC//InterActiveCorp, eliminated 50 positions Friday as it shuttered a business that provides leads to real estate agents. Half of the employees will be placed in other jobs within the New York-based Internet conglomerate, while the rest will receive severance, said RealEstate.com president Bret Violette. The company employed about 220 before the cuts. ...

Real Estate Briefs (Naples Daily News) - A list of real estate related news briefs.

Freshman Evege serious about football, real estate (The Columbus Dispatch) - Just the other day, Donnie Evege stood near the main entrance to a prime piece of riverfront real estate, a place known affectionately as "The House that Harley built." He wasn't there to sell it. Heck, he wants to play on its famous courtyard for the next few years.

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.