• Unknown Bidder Pays $25.9 Million for 165 Unsold Condos and Retail Space at The Vue in Downtown Orlando

    (ORLANDO, FL) -- Condo Developers LLC today beat out Greenwich, CT-based Starwood Capital and Orlando, FL-based Tavistock Group with a bid of $25.9 million for 165 unsold luxury condominiums and 7,972 square feet of vacant ground-floor retail space at The Vue in Downtown Orlando.The assets were in Chapter 11, previously protected by the U.S. Bankruptcy Code.Based on the 165 condos alone, the relatively unknown winning bidder paid $156.69 for unit for condos that initially were priced in the $300,000 to $3 million range when they were constructed in 2007 at 150 E. Robinson St., overlookin...
    15/03/2010 19:18 - Alex Finkelstein
  • Foreclosures Continue to Drag on Home Builder Confidence Index

    David Crowe (WASHINGTON, DC) -- According to today's National Association of Home Builders/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built, single-family homes fell back two points to 15 in March as poor weather conditions and distressed property sales posed increasing challenges to both builders and buyers."Unusually poor weather conditions certainly had a negative effect on builders' business in February," said NAHB Chairman Bob Jones, a home builder from Bloomfield Hills, Mich. "At the same time, the continual flow of distressed propertie...
    15/03/2010 18:31 - Michael Gerrity
  • Do Golf Courses Really Sell Second Homes?

    Kevin Fleming (MANAGUA, NICARAGUA) - Talking to Nicaragua developer Kevin Fleming the other day, the subject turned to golf - specifically the value of golf in a modern second home resort.Plans for Fleming's 923-acre Seaside Mariana Spa and Golf Resort include a Jack Nicklaus Signature course, which will be a milestone for Nicaragua. The course and the Nicklaus name are a key asset in marketing the project, he says.But Fleming is also among a group of developers who wonder about the importance of golf in future projects. His studies show 15 to 20 percent of potential clients ar...
    15/03/2010 17:07 - Kevin Brass
  • U.S. Hotel Industry Posts Mixed Results in Early March

    (HENDERSONVILLE, TN) -- According to data from Smith Travel Research (STR), the U.S. hotel industry reported mixed results in the three key performance measurements during the week of February 28th through March 6th 2010.In year-over-year measurements, the industry's occupancy ended the week with a 4.0-percent increase to 54.9 percent. Average daily rate dropped 3.0 percent to finish the week at US$96.05. Revenue per available room for the week was up 0.9 percent to finish at US$52.75.The 0.9-percent year-over-year RevPAR growth represents only the third time in 18 months there was a...
    15/03/2010 16:26 - Michael Gerrity
  • Pace of Mortgage Delinquencies Slowing, Yet 7.5 Million Loans Are Still In Some Stage of Delinquency

    (JACKSONVILLE, FL) -- According to Lender Processing Services' (NYSE: LPS) February 2010 Mortgage Monitor Report  released today shows that delinquency rates in the U.S. have risen to historic highs, but the pace of deterioration has slowed. However, the nation's housing market remains far from a full recovery.Based on data extrapolated from the LPS servicing database, nearly 7.5 million loans are in some stage of delinquency or foreclosure, with an additional one million properties in REO or post-sale foreclosure. In addition, approximately 2.5 million loans that were current on Jan. 1...
    15/03/2010 19:21 - Michael Gerrity
  • Tavistock Group Offers $21 Million for 165 Unsold Condos and Retail Space at The Vue in Downtown Orlando

    The Vue, Downtown Orlando Florida (ORLANDO, FL) -- Tavistock Group, an Orlando-based investment and development organization funded by London-born billionaire Joe Lewis, knows a bargain when it sees one.Please see related Real Estate Channel postingsOrlando's $100 Million Vue Luxury Condo Tower Goes on Auction Block March 15th,  Jan. 7, 2010US Condo Roundup: Orlando's Vue Awaits Bankruptcy Ruling, Oct. 14, 2009Tavistock is offering $21 million for 165 unsold luxury condominiums at The Vue, a two-year-old, 36-story, 375-unit Downtown tower built in 2007.Up for auction Monday...
    15/03/2010 14:24 - Alex Finkelstein
  • Vegas Casino Operators Pitch Florida's Cash-Strapped Lawmakers but Get No Positive Signals

    Las Vegas Sands Execs Ready to Erect 4 to 6 Casinos at $2B Each - but there's a catch:Promoters Want to Limit Competition to 4 Casinos.Nevada Operators Want to Pay under-10% Tax Rate, not 35% Rate State Proposes.Sands Group Tells Lawmakers to Limit Casino Market to 6 Sites and Charge a $100M Development Fee for Each Site.Vegas Execs Focus on Miami, Fort Lauderdale and Tampa but not Orlando.Seminole Tribe Books $1.9B in Gross Profit for 2008 - 2009 Numbers Still Being Crunched.Florida Trying to Button Down 3-Year Deal With Tribe That Would Give State $150M Take From Seminole Earnings.Florid...
    15/03/2010 16:04 - Alex Finkelstein
  • American Idol's Kara DioGuardi Lists Home for $1.65 Million

    Kara DioGuardi (LOS ANGELES, CA) -- Prolific songwriter and "American Idol" judge Kara DioGuardi's Spanish-style home in the Hollywood Hills is on the market at $1,649,000.The gated house, built in 1964, has city and canyon views, wood-beamed ceilings, an open floor plan, extensive decks and a spa. Three bedrooms and3 1/2 bathrooms sit in 3,400 square feet. She added an outdoor cedar sauna to give the secluded property a spalike feel.The guest unit has its own entrance, living room, kitchen and bathroom.DioGuardi, 39, who joined the panel of the Fox singing competition in 2009...
    12/03/2010 20:43 - Lauren Beale
  • Trump Being Sued Over Mexico Condo-Hotel Project

    Trump Ocean Resort Baja (BAJA, CALIFORNIA) -- A lawsuit filed Monday by a group of buyers who lost their deposits in a Baja California resort charges Donald Trump and his executive children with fraud and negligence.The seven plaintiffs say they were "duped" into buying hotel-condo units in the Trump Ocean Resort Baja, a 526-unit, twin-tower project planned for 17 coastal acres a short drive south of the Mexican border. When the project collapsed in 2009, dozens of buyers lost their deposits, totaling more than $32 million.Trump only licensed his name to the project's developer, Lo...
    12/03/2010 16:33 - Kevin Brass
  • London's NoHo Square Back on the Market

    Noho London (LONDON, UK) -- NoHo Square was a fabled project in London, a boom era splash of decadence and luxury targeting the city's growing international affluent class.Promoted by the flamboyant Candy brothers, Nick and Christian, the plan was to turn the former Middlesex Hospital site in Fitzrovia into an array of offices and posh residences. Backed by Kaupthing, the Iceland bank, the Candy's paid £175 million ($262 million) for the property in 2006 and won approval for an 890,000-square-foot development the next year, including more than 200 luxury apartments.Now the site i...
    12/03/2010 16:00 - Kevin Brass



  • Lenders warm to UK commercial property

    Lending to the commercial property sector has thawed over the past year, with more banks providing additional debt for investment and development for the first time since the crash in 2007
    16/03/2010 01:11
  • Austerity to reign at real estate jamboree

    Mipim, the famously excessive property conference, is set to be the quietest for some time for those from the UK market as expenses are restrained and companies cut back on attendees
    16/03/2010 00:29
  • British Land recruits partners for deals

    Property group to capitalise on sales expected from reluctant owners of real estate
    14/03/2010 23:34
  • £1.15bn real estate workout sale begins

    The sale marks the beginning of the end for the largest debt default since the 2007 property crash
    12/03/2010 23:36
  • Liberty in early takeover talks

    Upmarket UK retailer confirms it has been approached by possible bidders but declines to give update on possible sale and leaseback of its Regent Street store
    12/03/2010 19:29
  • Partners launch low carbon property initiative

    Carbon trust joins fund manager and developer to offer £350m low carbon commercial real estate scheme
    11/03/2010 23:35
  • Segro pulls out of BAA wharehouse sale

    Segro, the real estate investment trust, has pulled out of talks to acquire £250m of warehouses and offices from BAA
    11/03/2010 17:36
  • Fears of China property bubble grow

    Chinese real estate prices accelerated last month, rising by their fastest pace in two years despite government efforts to cool the market amid fears of a looming property bubble
    11/03/2010 05:56
  • Regus uses insolvency tools to cut rents

    The serviced offices group has demanded rental cuts and concessions from landlords under a plan that could see parts of its business being put into administration
    11/03/2010 00:35
  • Developer sought for Covent Market scheme

    In return for being given the land for one of the largest development schemes in London, the developer will be asked to build a new fresh produce market on the site
    10/03/2010 02:28
  • Liberty demerger heralds new era

    Liberty International's proposed demerger of its £6.1bn property empire marks the beginning of a new era for the UK real estate investment trust sector
    10/03/2010 00:22
  • UK results: Antofagasta profits unaffected by Chile earthquake

    Tuesday's UK results round-up: the Chilean copper miner used its annual results to reassure investors that its operations had not been seriously affected by the earthquake
    09/03/2010 15:54
  • Liberty International details demerger plans

    The commercial landlord is to separate its portfolio of central London properties from its regional shopping centres, as it reports a narrowing in pre-tax losses thanks to a reduction in writedowns
    09/03/2010 09:50
  • Nina Wang family looks to the future

    Kung Yan-sum, Nina Wang's brother and Chinachem chairman said in his first interview since the court battle that the property company would consider a listing
    09/03/2010 00:41
  • CREO plans to leave Aim

    China Real Estate Opportunities has proposed abandoning its listing on London's Aim market to list in Singapore, in an effort to improve the rating of its shares
    09/03/2010 00:15

  • RioCan Real Estate Investment Trust Announces March 2010 Distribution - MarketWatch (press release)

    RioCan Real Estate Investment Trust Announces March 2010 DistributionMarketWatch (press release)RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $8.5 billion as at December 31, 2009. ...Artis Real Estate Investment Trust announces monthly cash distributionCanada NewsWire (press release)Charter Real Estate Investment Trust (TSX VENTURE: CRH.UN) Announces ...Earthtimes (press release)Real Estate Investing in a Self Directed IRA: Tapping Your Expertise for ...PR-USA.net (press release)BloggingStocks (blog) -PR-inside.com (pres...
    15/03/2010 15:01
  • Hospitality Properties Trust Commences Tender Offer for 3.80% Convertible ... - MarketWatch (press release)

    Hospitality Properties Trust Commences Tender Offer for 3.80% Convertible ...MarketWatch (press release)A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the New York Stock Exchange. No shareholder, Trustee or ...and more »
    15/03/2010 13:07
  • PMC Commercial Trust Announces First Quarter Dividend of $0.16 Per Share - MarketWatch (press release)

    PMC Commercial Trust Announces First Quarter Dividend of $0.16 Per ShareMarketWatch (press release)DALLAS, March 15, 2010 /PRNewswire via COMTEX/ -- PMC Commercial Trust (AMEX:PCC) (the "Company," "we" or "our"), a real estate investment trust ("REIT"), ...BioMed Realty Trust Declares First Quarter 2010 Common Stock and Preferred ...PR Newswire (press release)all 64 news articles »
    15/03/2010 21:06
  • European property deals seen up 20-30 pct in 2010 - Reuters

    European property deals seen up 20-30 pct in 2010ReutersCANNES, France, March 15 (Reuters) - European real estate transaction volumes could rise as much as 30 percent to around 90 billion euros ($124 billion) ...and more »
    15/03/2010 21:08
  • Daley won't testify in real estate developer case - ABC7Chicago.com

    Daley won't testify in real estate developer caseABC7Chicago.comMarch 15, 2010 (CHICAGO) (WLS) -- Mayor Daley will not be called to testify in the trial of a developer charged with bribing Isaac Carothers. ...and more »
    15/03/2010 23:37
  • Bank Chief Accused of TARP Fraud - Wall Street Journal

    New York Daily NewsBank Chief Accused of TARP FraudWall Street JournalPark Avenue Bank, a lender with more than $500 million in assets that specialized in commercial-real-estate loans, failed on Friday after piling up more ...TARP's First Alleged FraudsterForbesFDIC seizes New York's Park Avenue Bank and LibertyPointe BankLos Angeles TimesEx-Park Avenue Bank Chief Antonucci Accused of CrimesBusinessWeekall 357 news articles »
    16/03/2010 01:33
  • Home Builders Can't Compete With Foreclosures - Forbes

    Boston GlobeHome Builders Can't Compete With ForeclosuresForbesAs US home builders grew more wary of the housing market in March, besieged by competition from cheap foreclosures, real estate auction companies are ...Home Builders' Confidence Index Dips Again in MarchDailyFinanceall 151 news articles »
    16/03/2010 00:05
  • Rivals seek foreign help with bids for General Growth Properties - HULIQ

    HULIQRivals seek foreign help with bids for General Growth PropertiesHULIQ"Several of the larger sovereign funds are working with both parties," Guy Metcalfe, head of real estate investment banking for Morgan Stanley, told FT. ...Bidders For General Growth Properties (GGP) Look To Sovereign Wealth Funds For ...BenzingaBidders in US malls battle seek backing of sovereign fundsFinancial Timesall 8 news articles »
    15/03/2010 22:20
  • Gramercy Capital reports negative FFO in 4th qtr - BusinessWeek

    Gramercy Capital reports negative FFO in 4th qtrBusinessWeekFFO, which the real estate industry uses to gauge operating performance, adds depreciation and amortization expenses, as well as other non-operating items, ...Gramercy Capital Corp. Reports Fourth Quarter 2009 Financial ResultsMarketWatch (press release)Gramercy to explore options for realty unit; shrs slumpReutersGramercy Capital Corp (NYSE:GKK) Releases Q4 EarningsTransWorldNews (press release)RTT Newsall 29 news articles »
    15/03/2010 23:06
  • Foreclosure of Commercial Properties Rises in Metro Atlanta - Inside Self-Storage

    Foreclosure of Commercial Properties Rises in Metro AtlantaInside Self-StorageAfter conducting a hearing on the issue in Atlanta, a congressional oversight panel said a wave of commercial real estate loan failures over the next few ...and more »
    15/03/2010 19:40

  • Spécial Mipim 2010 : l'immobilier d'entreprise cherche des raisons ... - La Tribune.fr

    Spécial Mipim 2010 : l'immobilier d'entreprise cherche des raisons ...La Tribune.frLa montée du chômage et une conjoncture atone rendent prudents les professionnels de l'immobilier. Les situations sont cependant très différentes d'une ...Une délégation se rend au MIPIM à CannesL'Agefi (Abonnement)Cannes, capitale mondiale de l'immobilier jusqu'à vendrediNice-MatinLe marché international des professionnels de l'immobilier ouvre ...Immobilier-entreprise-magazine.frBatiactu -Reuters -La chaine du coeur13 autres articles »
    15/03/2010 12:32
  • Coup de déprime dans l'immobilier américain - LesAffaires.com

    LesAffaires.comCoup de déprime dans l'immobilier américainLesAffaires.comLes promoteurs immobiliers américains dépriment de plus en plus, en raison de la forte concurrence des propriétés dites «en détresse», celles qui ont été ...US / Eco : l'industrie immobilière américaine déprimeBoursier.comEtats-Unis: Indice immobilier NAHB en baisse à 15 en marsInvestir.frUSA/Immobilier - La confiance en baisse chez les promoteursReuters9 autres articles »
    15/03/2010 21:24
  • Les taux de crédit immobilier encore à la baisse - nouvelobs.com

    nouvelobs.comLes taux de crédit immobilier encore à la baissenouvelobs.comUne nouvelle fois le baromètre du courtier en crédit immobilier Empruntis.com constate une baisse quasi-générale des taux de crédit immobilier sur toutes ...Indicateur des taux de crédit immobilier, 2e quinzaine de mars ...InfosimmoOn emprunte moins cher dans certaines régionsLe Particulier4 autres articles »
    15/03/2010 16:22
  • Immobilier : Les expulsions locatives commencent demain - Foncier.mobi

    L'ExpressImmobilier : Les expulsions locatives commencent demainFoncier.mobiComme tous les ans, après quatre mois et demi de trêve hivernale du 1er novembre au 15 mars inclus, les expulsions locatives reprendront mardi même si les ...Fin de la trêve hivernale, les expulsions reprennentRFIDes bénéficiaires du droit au logement sont menacés d'expulsionLa Croix« Stop aux expulsions locatives » qui reprennent demainLe Progrès161 autres articles »
    15/03/2010 13:36
  • Immobilier tertiaire : BNP Paribas REIM achète à Lyon-Limonest - Directgestion.com

    Immobilier tertiaire : BNP Paribas REIM achète à Lyon-LimonestDirectgestion.comLe groupe DCB International, promoteur spécialisé dans l'immobilier tertiaire haut de gamme, annonce aujourd'hui la vente à BNP Paribas REIM (Real Estate ...BNP Paribas Real Estate poursuit son développement internationalEdubourse.com (Communiqué de presse)- 17 % pour le chiffre d'affaires de BNP Paribas Real Estate en 2009nouvelobs.comLyon (69) : DCB International vend une première tranche du Celtic ...Business Immo5 autres articles »
    15/03/2010 14:54
  • Banque et immobilier : grandes manœuvres et guerres picrocholines - Capital.fr

    Banque et immobilier : grandes manœuvres et guerres picrocholinesCapital.frDeux événements récents tendent à démontrer que les banques se retirent de l'immobilier : l'annonce par la BPCE qu'elle se désengage de FONCIA, ...
    15/03/2010 09:58
  • Baisse généralisée des taux de crédits immobiliers - La Tribune.fr

    Diagnostic ExpertiseBaisse généralisée des taux de crédits immobiliersLa Tribune.frLes taux de crédits immobiliers baissent en mars, sur toutes les durées et dans toutes les régions, selon Empruntis. La baisse des taux immobiliers continue ...Prêts immobiliers : baisse généralisée des taux d'intérêt en marsLes ÉchosNouvelle baisse des taux d'emprunts dans l'immobilierBoursier.comCrédits immobiliers: les taux continuent de baisserLe FigaroCapital.fr -Diagnostic Expertise -Directgestion.com54 autres articles »
    11/03/2010 16:43
  • Les marchés franciliens et lyonnais manquent d'offres - nouvelobs.com

    Les marchés franciliens et lyonnais manquent d'offresnouvelobs.comAprès une longue période de hausse du pouvoir d'achat, la stabilisation est au rendez-vous début 2010, selon le baromètre immobilier de l'agence immobilière ...et plus encore »
    15/03/2010 16:15
  • Ingénieur Financier Immobilier - L'Expansion

    Ingénieur Financier ImmobilierL'ExpansionAu sein de notre Direction des Investissements , vous êtes rattaché(e) au Responsable des Placements Immobiliers. Vos missions s'articulent autour de deux ...
    15/03/2010 10:16
  • Les métiers de l'immobilier ont-ils de l'avenir ? - ToulEmploi

    ToulEmploiLes métiers de l'immobilier ont-ils de l'avenir ?ToulEmploiDans la perspective du prochain salon immobilier de Toulouse, les 19, 20 et 21 mars 2010, nous avons souhaité faire le point sur les débouchés d'un secteur ...
    15/03/2010 20:02



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