Online House Hunting - Prudential Real Estate News

Prudential Real Estate News

3 Ways to Invest in the Real Estate Rally Thursday, September 2, 2010 @ 10:41AMReal estate funds are up about 17 percent so far this year.
Will the REITs Rally Continue? Thursday, September 2, 2010 @ 10:40AMThree experts weigh in on whether real estate funds have already seen their best days.
Prudential Financial Annual Golf Outing To Support Youth Hockey in Newark Thursday, September 2, 2010 @ 10:16AMNEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will use the proceeds generated from its 21st Annual Charity Golf Outing to benefit Hockey in Newark, Inc., a Newark, New Jersey-based not-for-profit organization whose mission is to introduce the City’s youth to hockey. The outing will be held on Wednesday, September 15 at the Farmstead Golf and Country Club in Lafayette, New ...
Prudential Financial Annual Golf Outing To Support Youth Hockey in Newark Thursday, September 2, 2010 @ 10:00AMNEWARK, N.J.----Prudential Financial, Inc. will use the proceeds generated from its 21st Annual Charity Golf Outing to benefit Hockey in Newark, Inc., a Newark, New Jersey-based not-for-profit organization whose mission is to introduce the City’s youth to hockey.
White House decorator styled Laguna home Thursday, September 2, 2010 @ 6:11AMTucked in the hills of the Laguna Village facing the ocean sits a sprawling villa that just hit the market a few days ago. Located at 640 Diamond Street, the home is listed for $9,995,000 and boasts 5 bedrooms, 7 bathrooms, 6,300-square-feet of...
Morris People in Business Thursday, September 2, 2010 @ 3:11AMMorris Township resident LISA BROMBERG, Principal of Porzio, Bromberg and Newman, and KENNETH GILMORE, founder of Financial Consultant Group in Chatham, have been named to the Caldwell College Board of Trustees.
Oceanfront lot recently sold at $20.5 million loss Thursday, September 2, 2010 @ 1:09AMHeads turned and eyebrows raised when WCI Communities purchased a vacant oceanfront tract for a then-record $23 million in early 2006. Those same eyebrows crinkled with concern recently when that same 1.9-acre tract of open sand at 1751 S. Atlantic Ave. sold for $2.5 million, an 89 percent drop.
Just sold! Wednesday, September 1, 2010 @ 11:17PMManhattan CENTRAL PARK SOUTH $3,500,000 160 Central Park South Two-bedroom, two-bath condo, 1,100 square feet, with dining area, new kitchen, en-suite marble bath, central AC, 1,200-square-foot wraparound terrace and park views; building features doorman, elevator operator, gym, and maid service. Common charges $3,738, taxes $745...
Prince William County home sales Wednesday, September 1, 2010 @ 11:00PMThese were among sales recorded recently in Prince William County and supplied to The Washington Post by the Prince William County Real Estate Assessments Office. To find sale and assessment records for homes in Prince William and elsewhere in the Washington area, visit... United States - Prince William - Virginia - Counties - Prince William of Wales
All the Answers Wednesday, September 1, 2010 @ 7:00PMprimarily benefits wealthy households. Analysts suggest the government's growing debt means government subsidies for housing might one day face the budget ax. Do you think the mortgage tax break for homeowners should be eliminated?
Prudential California Realty Sends 550 to Tom Ferry Success Summit Wednesday, September 1, 2010 @ 2:00PMIRVINE, Calif.--(BUSINESS WIRE)--550 agents and members of the Prudential California Realty management team were among 3,000 real estate professionals from across North America to attend the three-day Tom Ferry Success Summit. The event, a key highlight of the year in the real estate field, was presented August 24-26 at the Anaheim Convention Center. Ferry, a renowned trainer, motivator and ...
Prudential California Realty Sends 550 to Tom Ferry Success Summit Wednesday, September 1, 2010 @ 1:53PMIRVINE, Calif.----550 agents and members of the Prudential California Realty management team were among 3,000 real estate professionals from across North America to attend the three-day Tom Ferry Success Summit.
Brokerage finds novel way to stand out Wednesday, September 1, 2010 @ 12:22PMAmanda Fung - In the city’s hyper-crowded residential real estate brokerage industry, a brand new firm has come up with a novel way to stand out. Former Prudential Douglas Elliman broker Jason Haber and his brother Cory will donate a portion of their fledgling brokerage’s revenue to charity. Mr. Haber claims that like every other brokerage, his outfit, Rubicon Property, will cater to their ...
Public Storage (PSA) Highly Attractive Stock With Only 7% Debt On $20 Billion Dollars, According To Prudential Director Wednesday, September 1, 2010 @ 10:18AM67 WALL STREET, New York - August 31, 2010 - The Wall Street Transcript has just published its REITs Report offering a timely review of the sector to serious investors and industry executives. This Special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or ...
Long-term sustainability takes center stage at Prudential Forum Wednesday, September 1, 2010 @ 8:18AMSCOTTSDALE, Ariz.--(BUSINESS WIRE)--Prudential Real Estate and Relocation Services, a Prudential Financial, Inc. (NYSE: PRU) company, highlighted the relocation industry’s major trends, opportunities and best practices during its annual Prudential Forum conference, Aug. 30-31 at the JW Marriott Desert Ridge in Phoenix. The event generated strong attendance from relocation and real estate ...
Long-term sustainability takes center stage at Prudential Forum Wednesday, September 1, 2010 @ 8:00AMSCOTTSDALE, Ariz.----Prudential Real Estate and Relocation Services, a Prudential Financial, Inc. company, highlighted the relocation industry’s major trends, opportunities and best practices during its annual Prudential Forum conference, Aug. 30-31 at the JW Marriott Desert Ridge in Phoenix.
Semmens Realty joins Prudential Highlands Wednesday, September 1, 2010 @ 1:55AMVernon Bill Semmens and his realty team have joined the Prudential Highlands Realty firm.
Sunrise Senior Living to Receive $50 Million from HCP for 27 Management Contracts Tuesday, August 31, 2010 @ 9:14PMMCLEAN, Va., Aug. 31 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that it has entered into a settlement and restructuring agreement with HCP, Inc. and certain of its affiliates to, among other things, transition Sunrise from management of 27 HCP-owned senior living communities for an aggregate cash payment of $50 million to Sunrise, and to settle the lawsuits ...
Sunrise Senior Living to Receive $50M from HCP for 27 Management Contracts Tuesday, August 31, 2010 @ 9:04PMSettles HCP Litigation Enters into 14th Amendment to Credit Facility Extending Maturity Date to Dece...
Sunrise Senior Living to Receive $50 Million from HCP for 27 Management Contracts Tuesday, August 31, 2010 @ 5:54PMSunrise Senior Living, Inc. announced today that it has entered into a settlement and restructuring agreement with HCP, Inc. and certain of its affiliates to, among other things, transition Sunrise from management of 27 HCP-owned senior living communities for an aggregate cash payment of $50 million to Sunrise, and to settle the lawsuits between the Company and HCP pending in Virginia and ...
Tom Zokaei Joins Prudential's La Jolla office Tuesday, August 31, 2010 @ 2:06PMTom Zokaei has joined Prudential California Realty's La Jolla office, said Nicki Marcellino, who manages the office. A real estate veteran with a background that spans more than 14 years, Zokaei was the owner and manager of Golden State Realty and Financial before he joined Prudential. His diverse experience in the real estate industry encompasses a variety of angles, from short sales and ...
WCI Communities supports U.S. troops with 'Patriot' tournament Tuesday, August 31, 2010 @ 1:56PMWCI Communities, the Bonita Springs-based lifestyle community developer and homebuilder, is offering unique ways for area golfers to support the United States Armed Forces during Labor Day weekend.
Barnes & Noble Calls Lincoln Square Rents "Impossible" Tuesday, August 31, 2010 @ 11:11AMThe Lincoln Center Barnes and Noble in 2007 (Gothamist/Jen Chung) Yesterday, Barnes and Noble announced that it will be closing its Lincoln Center location in January. Company spokeswoman Mary Ellen Keating said it was "economically impossible" to keep the location open after their lease ends this year because of rent hikes, but they'll "reassign as many booksellers as possible to our remaining ...
Prudential Network Realty Collects Record Number Of Backpacks And School Supplies For Children Tuesday, August 31, 2010 @ 10:57AMJACKSONVILLE, Fla. (Aug. 31, 2010) -- Prudential Network Realty recently completed its 11th Annual B...
NBC's 'Meet the Press' show will feature Bennet, Buck Tuesday, August 31, 2010 @ 1:05AMDENVER - NBC's "Meet the Press" will feature Colorado's U.S. Senate race with a faceoff between incumbent Democratic Sen. Michael Bennet and challenger Republican Ken Buck.
Barnes & Noble to shutter NY store over rent Tuesday, August 31, 2010 @ 1:05AMBarnes & Noble announced Monday that it will close its massive store near Lincoln Center in January.
Bills pile up for mall owners Sunday, August 29, 2010 @ 8:15AMLANESBOROUGH -- The downturn in the economy has left the owners of shopping malls struggling to pay their bills. The Pyramid Companies of Syracuse, N.Y., which owns the Berkshire Mall, is no exception.
UC Merced prof gets health grant Sunday, August 29, 2010 @ 2:49AMUniversity of California at Merced biologist Rudy Ortiz received a grant from the National Institute
Town is down on its luxe Sunday, August 29, 2010 @ 2:33AMIn this economy, it's not uncommon for whole neighborhoods to be on the market. But Rumson, NJ, a leafy bedroom community of 7,200 residents, nonetheless stands out: It has 100 homes for sale -- all for more than $1 million. "The streets are filled with distracting 'for sale...
Commercial real estate failures are easier to spot than residential woes Sunday, August 29, 2010 @ 2:31AMAnn Strain walks Junebug, a Boston terrier, past a ghost town - hundreds of abandoned apartments with broken windows and weeds.
Business beat Sunday, August 29, 2010 @ 2:12AMBusiness beat
Bills pile up for mall owners Sunday, August 29, 2010 @ 1:36AMSaturday August 28, 2010 By Tony Dobrowolski, Berkshire Eagle Staff LANESBOROUGH -- The downturn in the economy has left the owners of
Commercial real estate failures easier to spot than residential woes Sunday, August 29, 2010 @ 1:29AMSkeletons of unfinished buildings, weed-infested vacant lots for projects that never got off the ground and for-sale signs are the more visible remnants of an overextended market caught in the jaws of the biggest financial crisis and economic downturn since the Great Depression.
Business Briefs Sunday, August 29, 2010 @ 1:05AMPurple Haze, 117 W. College Drive across from McDonald's, announces that Don Carlson, formerly of Farquahrts, is its new chef. Carlson left Durango briefly to run a steakhouse in Texas.
Property Transfers: Aug. 29, 2010 Sunday, August 29, 2010 @ 12:00AMReal estate transfers of $100,000 or more as shown in the records of the Shelby County Register's Office include:
Sales exceed 50 percent of townhome inventory at Ridgeview on the Palisades Saturday, August 28, 2010 @ 1:20AMThe Fort Lee community is selling out, according to marketing agent Prudential Elia Real Estate.
Comedian, wife file discrimination lawsuit Friday, August 27, 2010 @ 4:03PMA Chicago-based comedian and radio personality who said he was denied the right to buy a house in Bridgeport because of race Thursday sued the homeowners and real estate agents involved in the deal. George Willborn and his wife, Peytyn, charge that homeowners Daniel and Adrienne Sabbia refused to sell them the home because the Willborns are black.
Survival Skills Friday, August 27, 2010 @ 3:48PMDespite July 2010’s rank as the lowest home sales month since February – and despite recent news that existing home sales plummeted to a 1...
Widespread Illegal Housing Discrimination in NYC Alleged in Giskan Solotaroff Anderson & Stewart LLP Lawsuit Friday, August 27, 2010 @ 12:36PMNEW YORK--(BUSINESS WIRE)--Yesterday, the Fair Housing Justice Center (FHJC) and the law firm Giskan Solotaroff Anderson & Stewart LLP announced the filing of a source of income discrimination lawsuit in state court on behalf of Paul Solomons, a 44 year old man who relies on Social Security Disability benefits and receives a Section 8 voucher. The lawsuit alleges that more than 20 property ...
Widespread Illegal Housing Discrimination in NYC Alleged in Giskan Solotaroff Anderson & Stewart LLP Lawsuit Friday, August 27, 2010 @ 12:27PMNEW YORK----Yesterday, the Fair Housing Justice Center and the law firm Giskan Solotaroff Anderson & Stewart LLP announced the filing of a source of income discrimination lawsuit in state court on behalf of Paul Solomons, a 44 year old man who relies on Social Security Disability benefits and receives a Section 8 voucher.
Bid deadline looms for former Hilbert mansion Friday, August 27, 2010 @ 10:45AMThe 25,000-square-foot mansion once owned by Conseco Inc. founder Stephen Hilbert was listed five years ago at $20 million—and about half that in recent months. Now the property is being sold in a sealed-bid auction, and offers are due Friday.
Feng Shui’s New Role in New York Real Estate Deals Tuesday, August 24, 2010 @ 1:35PMAs the number of Asian buyers and lessees in New York has grown, commercial real estate brokers are quickly learning just how pervasive feng shui can be.
Phila. region’s existing-home sales fall 35% Tuesday, August 24, 2010 @ 11:14AMExisting-home sales in the eight-county Philadelphia region plummeted 35.4 percent in July over the same month last year after four consecutive months of double-digit increases, the Prudential Fox & Roach HomExpert Report showed.
Prudential Foundation Board approves more than $3.5 million in grants for education, arts & civic infrastructure, and ... Tuesday, August 24, 2010 @ 10:21AMNEWARK, N.J.--(BUSINESS WIRE)--The Board of Trustees of The Prudential Foundation recently approved $3.575 million in grants to nonprofit organizations dedicated to quality public education, enhancing community-based economic development, and sustaining livable communities. The grants include: $700,000 over two years to New Leaders for New Schools in New York City for general operating support ...
Prudential Foundation Board approves more than $3.5 million in grants for education, arts & civic infrastructure, and ... Tuesday, August 24, 2010 @ 10:05AMNEWARK, N.J.----The Board of Trustees of The Prudential Foundation recently approved $3.575 million in grants to nonprofit organizations dedicated to quality public education, enhancing community-based economic development, and sustaining livable communities.
PREI® names David DeVos global sustainability officer Tuesday, August 24, 2010 @ 9:12AMPARSIPPANY, N.J.--(BUSINESS WIRE)--Prudential Real Estate Investors has named David DeVos as its new Global Sustainability Officer, responsible for overseeing the company’s evolving strategy to reduce its worldwide environmental footprint as it serves its investors. PREI® is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE:PRU). “PREI has so far ...
PREI® names David DeVos global sustainability officer Tuesday, August 24, 2010 @ 9:00AMPARSIPPANY, N.J.----Prudential Real Estate Investors has named David DeVos as its new Global Sustainability Officer, responsible for overseeing the company’s evolving strategy to reduce its worldwide environmental footprint as it serves its investors.
Deal of the week: Black Forest in Energy Corridor Monday, August 23, 2010 @ 12:38AMBlack Forest Ventures has expanded its Houston holdings to the Energy Corridor with the purchase of 17000 Katy Freeway.
Prudential Florida Realty/WCI Communities to Host Charity Classic to Support the Sunshine Kids Sunday, August 22, 2010 @ 1:08PMRISMEDIA, August 23, 2010—Prudential Florida Realty, Florida Real Estate Services and WCI Communities have announced they will host the 1st Annual WCI Sunshine Kids Charity Classic: 5K Walk/Run & 10K Run in the beautiful WCI Community of Pelican Preserve in…
Aging infrastructure, taxes and homeless among top priorities Sunday, August 22, 2010 @ 6:42AMVoters of City Council District 6 can choose from among 10 candidates hoping to succeed Councilman Rod Tam as the area's representative at City Hall.