Homester.com Web News Archive

Hypo Real Estate Secures Credit to Shield From Crisis (Update1) (Bloomberg) - Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG, Germany's second-biggest commercial-property lender, will scrap a 2008 dividend payment after securing a ``multi-billion-euro'' credit line to shield itself from turmoil on financial markets.

Hypo Real Estate Gets Credit Facility; Expects No 2008 Dividend (Bloomberg) - Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, has been provided with a credit facility by a grouping from the German financial industry.

Secured Capital to Raise $1 Billion for Real Estate in Japan (Bloomberg) - Sept. 29 (Bloomberg) -- Secured Capital Japan Co. , which manages 550 billion yen ($5.1 billion) of real estate assets, said it plans to complete raising $1 billion for a fund by as early as December to tap investment opportunities in Japan.

Bryant Commercial Real Estate Partners LLC (BizJournals) - T. Richard “Dick” Bryant has been in real estate for 30 years and he’s been through rough patches before. As president and CEO of Bryant Commercial Real Estate Partners LLC, he realizes it’s easy to get down in a market like this. He’s also savvy enough to see the silver lining.

Real estate agents catch the bicycling bug and share it with their clients (Seattle Post-Intelligencer) - PORTLAND -- With gas prices high, bicycles flying out of stores and a buyer's market for houses, several real estate agents around the country are touting the two-wheeled appeal of their listings.

Wells Real Estate Funds (BizJournals) - At Wells Real Estate Funds, employees are viewed, treated and valued as the company’s greatest asset. They’re also rewarded as if they’re the company’s greatest asset: Early last year Wells, a real estate investment firm, spun off a $175 million Wells-sponsored investment program from its portfolio. At that time, Leo Wells, president and founder of Wells Real Estate, set aside $81 million in ...

Some real estate agents avoiding turbulent market (BizJournals) - Rookie real estate agent Evin Alcindor has heard this isn’t your typical housing market.

Financial fallout affecting local real estate financing (BizJournals) - The collapse of Lehman Brothers Holdings Inc., the bailout of mortgage guarantors such as Fannie Mae, and further erosion of capital markets already reeling from subprime fallout could hurt Denver-area real estate development and investment into 2010, local real estate experts predict.

Hypo Real Estate Group Has Secured Major New Funding Facility (Centre Daily Times) - Hypo Real Estate Group has secured a major new credit facility which is designed to shield the company from the impact of the current malfunctioning of the international money markets. A consortium from the German financial sector has provided Hypo Real Estate Holding AG, together with its subsidiaries DEPFA Bank Plc, Hypo Real Estate Bank AG and Hypo Real Estate Bank International AG with a ...

In commercial real estate, 1031 exchange remains popular (BizJournals) - Despite sputtering real estate sales, the tax advantages of a 1031 exchange are as attractive as ever.