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  • Jul 20: Anwell, Ascendas REIT, Keppel T&T Tuesday, July 19, 2011 @ 8:07PMThe following companies may have unusual price changes in Singapore trading today. Stock symbols are in parentheses and share prices are from the previous close. Singapore’s Straits Times Index gained 0.6% to 3,096.12. Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, added 0.8% in New York yesterday. Noble Group (NOBL SP), a ...
  • Grubb & Ellis Healthcare REIT II Acquires Maxfield Medical Office Building in Sarasota, Florida Tuesday, July 19, 2011 @ 7:08PMSARASOTA, Fla., July 19, 2011 /PRNewswire/ -- Grubb & Ellis Healthcare REIT II, Inc. today announced that it has acquired Maxfield Medical Office Building, a three-story, 41,000-square-foot, multi-tenant medical office building on the campus of Doctors Hospital of Sarasota. Located at 5831 Bee Ridge Road, Maxfield Medical Office Building is adjacent to the 168-bed Doctors Hospital, a short-term ...
  • BioMed Realty Trust Enters Into New $750 Million Unsecured Revolving Credit Facility Tuesday, July 19, 2011 @ 7:08PMSAN DIEGO, July 19, 2011 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) announced today that the company has entered into a new $750 million unsecured revolving credit facility, replacing the previous unsecured revolving credit facility which had a maturity date of August 1, 2011. The new facility matures on July 13, 2015, but can be extended for one year to July 13, 2016 at the company's ...
  • Partners REIT Expands Presence in Quebec Monday, July 18, 2011 @ 7:03PMVICTORIA, BRITISH COLUMBIA--(Marketwire - July 18, 2011) - Partners Real Estate Investment Trust (TSX VENTURE:PAR.UN) ("Partners REIT") announced today that it would be acquiring Place Desormeaux, a 250,000 square foot enclosed shopping centre in Longueuil, Quebec on the south shore of the Greater Montreal Region. The property is well situated in a growing urban market and anchored by high ...
  • Property Condition Reports: Spend a Little to Save a Lot Monday, July 18, 2011 @ 6:37PMWhat would you pay to uncover hidden problems at a potential investment property? Would you pay $10,000 to discover a $500,000+ problem? Real estate investors can find out crucial information about an asset by having a Property Condition Report done.
  • Chrysler building hits the market Monday, July 18, 2011 @ 6:33PMWINDSOR, Ont. -- The city’s most prestigious office building, which cost Windsor taxpayers $50 million to spur its construction nine years ago, has been quietly put up for sale.
  • Company ‘Red Flags’ Send Bond Spreads to Records: China Credit Monday, July 18, 2011 @ 6:23PMBorrowing costs have risen to record levels for Chinese companies marked with “red flags” by ratings firms for unclear financial reporting and high levels of private ownership.
  • Lord’s bats for cricket homes in Eden land Monday, July 18, 2011 @ 5:41PMMamata Banerjee, who wants to bring London to Calcutta, may be intrigued to learn her wish may get fulfilled in a rather unexpected way. A British property company, Anglo Indian, is hoping to build a residential complex in or near Calcutta with more than a touch of Lord’s, “the home of cricket”.
  • Sky-high deal Monday, July 18, 2011 @ 12:34AMA Malaysian party boy known for spending cash like it's Monopoly money just plunked down $31 million for a plush penthouse in the Time Warner Center -- the highest amount paid at the luxury site. A corporation linked to Taek Jho Low -- who has whooped it up with...
  • Sky-high deal Monday, July 18, 2011 @ 12:34AMA Malaysian party boy known for spending cash like it's Monopoly money just plunked down $31 million for a plush penthouse in the Time Warner Center -- the highest amount paid at the luxury site. A corporation linked to Taek Jho Low -- who has whooped it up with...
  • Euro, Asia Stocks Fall on European Crisis Concerns; Silver Rises Monday, July 18, 2011 @ 12:32AMThe euro fell the most in a week against the dollar, Asian shares slid for a third day while bond risk climbed amid concern Europe’s debt crisis is worsening.
  • Euro, Asia Stocks Fall on European Crisis Concerns; Silver Rises Monday, July 18, 2011 @ 12:32AMThe euro fell the most in a week against the dollar, Asian shares slid for a third day while bond risk climbed amid concern Europe’s debt crisis is worsening.
  • Boomers bank on less inheritance Monday, July 18, 2011 @ 12:04AMAs recently as five years ago, economists marveled that baby boomers stood to inherit anywhere between $41 trillion to $136 trillion as their parents passed on. The legacies from members of the Greatest Generation to their boomer offspring promised to become history's greatest intergenerational transfer of wealth.
  • Boomers bank on less inheritance Monday, July 18, 2011 @ 12:04AMAs recently as five years ago, economists marveled that baby boomers stood to inherit anywhere between $41 trillion to $136 trillion as their parents passed on. The legacies from members of the Greatest Generation to their boomer offspring promised to become history's greatest intergenerational transfer of wealth.
  • Would Franklin County school districts share real estate tax revenue? Sunday, July 17, 2011 @ 11:55PMMajor commercial and industrial developers prefer the Interstate 81 corridor to other areas in Franklin County.
  • Would Franklin County school districts share real estate tax revenue? Sunday, July 17, 2011 @ 11:55PMMajor commercial and industrial developers prefer the Interstate 81 corridor to other areas in Franklin County.
  • CANYON LAKE: Goat Hill investors sue property owners association over failed project Sunday, July 17, 2011 @ 6:35PMA real estate investment firm that maintains it has sunk millions into planning a commercial and residential development on Goetz Hill has sued the Canyon Lake Property Owners Association for allegedly blocking that project three years ago.
  • Realty funds turn to home market Sunday, July 17, 2011 @ 1:38PMForeign investors chary for diverse reasons, beside having more restrictions.
  • Al Mazaya launches website for Clover Centre Medical Complex Sunday, July 17, 2011 @ 7:15AMKuwait, 17 July 2011 - Al Mazaya Holding has launched the website for its signature Clover Centre Medical Complex, the state-of-the-art healthcare centre situated in Kuwait's Al Jabriya District.
  • Rufi Real Estate hands over its luxury residential project, Rufi Gardens Sunday, July 17, 2011 @ 7:15AMThe state-of-the-art building has Ground+10 floors along with two basement parking levels and a host of luxury features and amenities Dubai, July 17, 2011: Rufi Real Estate, the property development arm of the Rufi Group Rufi Group of Companies, today announced the hand-over of Rufi Gardens, the modern residential apartment building located at the Business District of International City, Dubai ...
  • Retirement benefits may be biggest issue in 2012 session Sunday, July 17, 2011 @ 3:38AMBy M.J. Ellington Montgomery Bureau A fight may be brewing in 2012 over the best way to pay for pension benefits that Alabama governments and public education programs provide retirees.
  • TIC loan puts residential purchase in jeopardy Sunday, July 17, 2011 @ 2:45AMMortgage broker: James W. Argo, Real Estate Financial Services, San Francisco. Property type: A residential investment property purchase in Contra Costa County. Appraised value: $300,000. Borrowing amount: $240,000; 80...
  • Schedule for Week of July 17th Saturday, July 16, 2011 @ 5:15PMThree key housing reports will be released this week: July homebuilder confidence on Monday, June housing starts on Tuesday, and June existing home sales on Wednesday.
  • Business : UAE pledges to boost Gulf common market Saturday, July 16, 2011 @ 12:26PMDUBAI — The UAE is at the forefront GCC countries in its commitment to the implementation of all resolutions pertaining to the Gulf Common Market (GCM), as the initiative will result in increased benefits for UAE nationals and GCC citizens.
  • Real Estate Forum: 2011 seen as 'turning point' for home prices nationally? Saturday, July 16, 2011 @ 1:15AMQuestion: Allison, We've heard some more positive information about real estate prices. What do you hear? Answer: According to Inman News, more than half of economists, real estate experts and investment strategists polled by Macr Copyright 2011 Summit Daily News. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Summit ...
  • SCOTT BURNS: Helping joint-return couples decide on retirement contributions Friday, July 15, 2011 @ 7:43PMMy wife and I are both teachers (13 years). I have a Roth ($8,500) with American Funds, which I stopped contributing to years ago. My wife also stopped years ago. We want to start contributing again. What percentage of our income should we put into these funds? Which one should we contribute to, or should we fund both?
  • donga.com[English donga] Friday, July 15, 2011 @ 7:02PMAreas around the venue of the 2018 Winter Olympics, Pyeongchang County in Gangwon Province, will be designated zones that require permission for land transactions from the end of this month.
  • Houston Developer Sells Millennium Warner Center for $133M Friday, July 15, 2011 @ 5:34PMThe Dinerstein Cos. sold the Millennium Warner Center, a 438-unit multifamily property in Canoga Park, CA, to Wesco LLP, a joint venture sponsored by Essex Property Trust, for $132.85 million or $303,310 per unit. The four-story, LEED Silver-certified apartment complex was built last year at 21201 Kittridge St. in the Woodland Hills/Warner Center area, about 40 minutes west of Los Angeles ...
  • Managers' price cut fails to impress Friday, July 15, 2011 @ 1:30PMA group of disgruntled institutional investors were not appeased after yesterday's backdown by the managers of Argosy Property Trust.NZ Super Fund and ACC still want to remove ANZ's OnePath from the Argosy management contract,...
  • TSX-listed corporate dividends and distributions declared July 15, 2011 Friday, July 15, 2011 @ 1:07PMTORONTO - Dividends or distributions were declared or updated on the following listed issues on the Toronto Stock Exchange on July 15, 2011. Arc Resources Ltd. (TSX:ARX): $0.1. Payable Aug 15. Record Jul 29.
  • Excel Trust Acquires Premium Asset Friday, July 15, 2011 @ 1:00PMExcel Trust has recently acquired 'The Promenade' - a 729,921 square foot retail shopping center in Scottsdale, Arizona, for approximately $110 million.
  • The Donaldson Group, Angelo Gordon Obtain Loan from Wells Fargo Following All-Cash Acquisition of 599-Unit MD ... Friday, July 15, 2011 @ 12:43PMThe Donaldson Group TDG of Rockville, MD and New York-based Angelo, Gordon Company AG, have closed on acquisition and renovation financing for a 599-unit apartment community in Forestville, MD. Wells Fargo Bank, N.A. provided the loan. TDG and AG originally purchased the first mortgage on the property in May 2010 for 20 million in an all-cash transaction, and subsequently foreclosed on the ...
  • APEX OFFERING PLAN DECLARED EFFECTIVE; FIRST CLOSINGS UNDERWAY Friday, July 15, 2011 @ 12:43PMNEW YORK, NY APEX Condominiums offering plan has been declared effective and the new luxury building in Harlem is already 40 sold -- more than twice the required percentage. Closings are underway and the first residents have moved into their new homes, according to owner/developer RCG Longview and The Marketing Directors, Inc., the propertys exclusive sales and marketing agent.The fast-selling...
  • Hilco Invests an Additional 7.5 Million Into Halston Brand, Weinstein and Parker Exit Friday, July 15, 2011 @ 12:43PMHalston, a portfolio company of Hilco Trading, LLC, today confirmed it has received an additional $7.5 million in capital from Hilco. It also confirmed that Harvey Weinstein and Sarah Jessica Parker have exited the company as board members and shareholders, effective immediately. All operations of the Halston business will continue to be managed by the current operating team and will not be ...
  • Accountants expect capital gains bonanza Friday, July 15, 2011 @ 12:16PMTax experts are licking their lips at a boom in possible work to help navigate clients from being the haves to the "have yachts".
  • Lease Up: Pegasystems Signs $89.5 Mil Lease; Sprint Finds a Subtenant for a Portion of its HQs Friday, July 15, 2011 @ 11:49AMPegasystems Signs $89.5 Mil Lease Pegasystems Inc. entered into two new lease agreements with Charles Park One LLC and Charles Park Two LLC (affiliates of Principal Real Estate Investors) to lease new office headquarters in Cambridge, MA. The company will lease two adjoining buildings at One Charles Park and One Rogers St., for a total of 162,854 square feet. The leases have staggered ...
  • CoStar's People of Note (July 10-16) Friday, July 15, 2011 @ 11:49AMThis week's People of Note includes the following markets: Hartford, Los Angeles, Orlando, San Diego, Tampa, Washington, DC and Westchester/South Connecticut. HARTFORD, WESTCHESTER/SOUTH CONNECTICUT GE Capital Appoints Chief Compliance Officer Kathleen Carey was named chief compliance officer of GE Capital Real Estate. She will oversee compliance-related matters and craft, execute and preserve ...
  • Cobb Estate purchase continues to resonate Friday, July 15, 2011 @ 12:49AMALTADENA - Any Hollywood screenwriter who came up with the plot of the Cobb Estate purchase on Oct. 1, 1971, would probably be laughed out of town.
  • Economy back on growth track Friday, July 15, 2011 @ 12:17AMDubai There is a buzz in the air: Dubai’s economy has come out of recession and growth is picking up. Interesting times are ahead. However, the big question is, is the real estate sector picking up?
  • Asia Stocks to Watch: China real estate better than it looks: analyst Thursday, July 14, 2011 @ 11:57PMChina’s property companies could be financially healthier than they appear at first glance, according to one investment bank.
  • Richard Tuten on Board as HealthCap LLC Raises $1.5M - cbl Thursday, July 14, 2011 @ 11:41PMBy Julie ArmstrongVERO BEACH, Fla.-- As if the word "Urgent" wouldn't catch my eye -- or "Kids," the...
  • It's a scammers' market Thursday, July 14, 2011 @ 11:27PMWhen the market tightens two things happen: agent numbers fall and scammers or spruikers come to the surface.
  • Springfield ice cream trucks cater to the kid in everyone Thursday, July 14, 2011 @ 11:08PMChildren aren’t the only ones who get excited when the ice cream man pulls up. Just ask Michael Hang, who drives an ice cream truck that caters primarily to adults.
  • CDPE Hosts Broadcast with Fannie Mae Executive, Reveals Details on Speeding Up the Short Sale Process Thursday, July 14, 2011 @ 11:07PMFannie Mae’s Marcel Bryar provided details on Fannie’s new Short Sale Assistance Desk (PRWeb July 14, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8639952.htm
  • Carly Harrington: Contest offers stake in service Thursday, July 14, 2011 @ 11:00PMSince last fall, a designated driver service in Knoxville has provided drinkers with a unique service that gets them home in their own cars.
  • Research and Markets: Japan Real Estate Report Q3 2011 - Tsunami and earthquake re-development are expected to cost US ... Thursday, July 14, 2011 @ 9:41AMDUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bede45/japan_real_estate) has announced the addition of the "Japan Real Estate Report Q3 2011" report to their offering. Business Monitor International's Japan Real Estate Report provides industry professionals and strategists, corporate analysts, real estate associations ...
  • Moss touts independent directors appointments Thursday, July 14, 2011 @ 9:31AMMOSS CAPITAL and its associate Fortius Funds Management have appointed four independent directors in a bid to allay investor fears about their ability to take over the management of the Charter Hall Office real estate investment trust.
  • Home Properties Appreciates Residents During Week-long Celebrations at Philadelphia Area Apartment Communities Thursday, July 14, 2011 @ 9:30AMHome Properties, Inc. today announced the completion of a company-wide Resident Appreciation Week at its apartment communities, including those in the Philadelphia area. The week was filled with activities to express appreciation to residents of Home Properties' apartment communities.
  • M&B soap opera sees third chairman leave in 18 months Thursday, July 14, 2011 @ 5:27AMMitchells & Butlers has lost its third chairman in 18 months in the latest shake-up to hit the dysfunctional pubs operator.
  • DivcoWest Buys Stake in Office Park Thursday, July 14, 2011 @ 5:08AMMENLO PARK, CA- DivcoWest , a privately-owned real estate investment firm with offices in San Francisco and Boston, has purchased an interest in the Quadrus Office Campus, a 20-acre project located at 2400-2498 Sand Hill Rd. in Menlo Park, CA from the Henry J Kaiser Family Foundation . DivcoWest tells GlobeSt.com that it cannot disclose the purchase price or a stake breakout at this time.