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Will JC Penney's Real Estate Be Its Savior? - Businessweek

Tue, 04/09/2013 - 12:11

Will JC Penney's Real Estate Be Its Savior?
Businessweek
One of J.C. Penney's most enticing assets is the large amount of low-cost real estate space it owns or controls via advantageous leases. Penney has an average cost of ownership for much of its real estate of less than $5 a square foot. An analysis last ...

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Housing Is Back! Best Moves for Homebuyers - AOL Real Estate (blog)

Tue, 04/09/2013 - 10:32

Housing Is Back! Best Moves for Homebuyers
AOL Real Estate (blog)
Real estate has finally started to bounce back across the country -- even roar back in some places. Low mortgage rates and pent-up demand have coaxed buyers back into the market, and homeowners who list their houses are seeing more traffic. That quaint ...

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Union Bank expands commercial real estate lending with deal - San Francisco Business Times (blog)

Tue, 04/09/2013 - 10:01

Wall Street Journal

Union Bank expands commercial real estate lending with deal
San Francisco Business Times (blog)
Monday's deal gives the $97 billion Union Bank the ability to originate and service institutional commercial real estate loans on a national platform, which will drive additional business to Union Bank and its Japanese parent in the United States, said ...
Tokyo Bank Bulks Up in USWall Street Journal
Union Bank Buys Commercial Real Estate PortfolioFox Business
Union Bank in Calif. to Buy $3.7B CRE PortfolioAmerican Banker
Financial Times -Fort Mills Times -Financial News
all 40 news articles »

Five Stars Fade as Hotel Profits Top Luxury: Real Estate - Bloomberg

Mon, 04/08/2013 - 22:20

Five Stars Fade as Hotel Profits Top Luxury: Real Estate
Bloomberg
Developers are shunning luxury hotels in the U.S. as room rates fail to rebound to peak levels and profits are squeezed by the costs of offering swanky amenities such as spas and trendy restaurants. Six luxury hotels are expected to open in 2013, the ...

Buying a House? Selling? They Can Do Your Taxes, Too - New York Times

Mon, 04/08/2013 - 20:44

New York Times

Buying a House? Selling? They Can Do Your Taxes, Too
New York Times
As real estate has become more competitive in recent decades and the business increasingly specialized, many of these little partnerships have dried up. In some areas outside Manhattan, however, especially where real estate prices are less astronomical ...

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Bridgeville drops real-estate tax rate to adjust for increased assessments - Pittsburgh Post Gazette

Mon, 04/08/2013 - 20:29

Bridgeville drops real-estate tax rate to adjust for increased assessments
Pittsburgh Post Gazette
Bridgeville borough council voted 7-0 Monday night to adopt an ordinance dropping the borough's real-estate tax rate from 6.75 mills to 5.5 mills, a 22 percent reduction. Real estate tax receipts should stay about the same, though. With the reduction ...

Tokyo Bank Bulks Up in US - Wall Street Journal

Mon, 04/08/2013 - 17:46

Wall Street Journal

Tokyo Bank Bulks Up in US
Wall Street Journal
TOKYO—Making another high-value, low-profile acquisition to ramp up its overseas operations, Japan's Mitsubishi UFJ Financial Group Inc. said it will buy a $3.7 billion U.S. real-estate-lending portfolio and platform from Deutsche Bank AG. The ...
Union Bank Buys Commercial Real Estate PortfolioFox Business
Mitsubishi UFJ buys DB real estate loansFinancial Times
MUFG may buy Deutsche Bank US real-estate loansMarketWatch
4-traders (press release) -Fort Mills Times -NASDAQ
all 31 news articles »

New York company continues to rack up Memphis real estate - Memphis Business Journal

Mon, 04/08/2013 - 17:03

New York company continues to rack up Memphis real estate
Memphis Business Journal
Woodbury, N.Y.-based CLK Properties appears to be on a little Cordova commercial real estate shopping spree. Days after claiming the Country Squire Apartments for $49.2 million, the privately held commercial property owner and operator has bought a ...

Sophisticated real estate fraud uncovered - abc7.com

Mon, 04/08/2013 - 16:29

CBS Local

Sophisticated real estate fraud uncovered
abc7.com
Moskovyan allegedly identified real estate properties that were scheduled for tax lien sales and then recorded forged grant deeds, transferring ownership of the properties from the rightful owners to herself. She then claimed the rights to receive the ...
Van Nuys Woman Arrested In Alleged Real Estate Fraud SchemeCBS Local
Van Nuys Woman Accused of Real Estate Fraud of Altadena PropertiesPatch.com

all 5 news articles »

Real estate firm T3 Advisors is latest to relocate from Waltham to Boston's ... - Boston.com

Mon, 04/08/2013 - 14:59

Real estate firm T3 Advisors is latest to relocate from Waltham to Boston's ...
Boston.com
A real estate advisory firm that helps tech companies find office space is planning a move of its own, trading the 'burbs for the big city. Waltham-based T3 Advisors will move its twenty employees into One Marina Park Drive (a/k/a the MassChallenge ...

Novato real estate agent removes lethal chemicals from inventor's home ... - San Jose Mercury News

Mon, 04/08/2013 - 08:41

Novato real estate agent removes lethal chemicals from inventor's home ...
San Jose Mercury News
A Marin County toxic materials crew was dispatched to Novato on Friday to remove 40 gallons of cyanide and other chemicals a real estate agent removed from a home for sale, a fire official said. Novato fire Capt. Alex Bowlds said the broker was showing ...

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Tampa Bay's top residential real estate firms - Tampa Bay Business Journal (blog)

Mon, 04/08/2013 - 08:37

Tampa Bay's top residential real estate firms
Tampa Bay Business Journal (blog)
The April 5 issue of the Tampa Bay Business Journal contains a list of the 25 largest residential real estate firms ranked by the gross volume closed in 2012 for local residential real estate sales. Sarasota-based Coldwell Banker Residential Real ...
NRT's Coldwell Banker Residential Real Estate in Florida Acquires Two ...RisMedia.com (press release)
NEW: Local real estate firms dominate regional listSarasota Herald-Tribune

all 5 news articles »

Real Estate Crowdfunding Platform Realty Mogul Is Gaining Steam, As It Wins ... - TechCrunch

Mon, 04/08/2013 - 06:08

Realty Today

Real Estate Crowdfunding Platform Realty Mogul Is Gaining Steam, As It Wins ...
TechCrunch
The Los Angeles-based startup has been attracting attention of late for its mission to make real estate investing simple and accessible to all. At least, that is the startup's long-term goal. As Anthony wrote at the startup's launch last month, as of ...
Real Estate Crowdfunding Platform Wins 'Founder Showcase'Realty Today

all 2 news articles »

Southwest Florida real estate briefs for April 7, 2013 - Naples Daily News

Sun, 04/07/2013 - 02:53

Southwest Florida real estate briefs for April 7, 2013
Naples Daily News
Lee County's Comprehensive Plan, the “Lee Plan,” will be presented at the April 9 meeting of the Real Estate Investment Society (REIS) in Fort Myers. Kathie Ebaugh, AICP, principal planner with the Planning Division of Lee County Department of ...

Dupe's 'I'll do it again' - New York Post

Sun, 04/07/2013 - 02:15

New York Post

Dupe's 'I'll do it again'
New York Post
Baker, who describes himself as something of a Brooklyn real estate maven, said he'd also put up a Williamsburg building — where he was arrested in 2012 for trespassing — as collateral, claiming the previous owner gave it to him. He and the owner of ...

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Maney: Commercial real estate's fearsome future - Denver Post

Sun, 04/07/2013 - 01:25

Maney: Commercial real estate's fearsome future
Denver Post
I wouldn't want to own most kinds of commercial real estate at today's valuations. Given the causes and direction of the radical restructuring that continues to grind through our economy, there's almost nowhere for demand for office and retail space to ...

ERA Team VP Real Estate Recognizes Top-Producing Associates For 2012 - Jamestown Post Journal

Sat, 04/06/2013 - 23:48

ERA Team VP Real Estate Recognizes Top-Producing Associates For 2012
Jamestown Post Journal
CHAUTAUQUA - ERA Team VP Real Estate of Western New York and northwestern Pennsylvania recently presented awards for 2012 production at their annual Agent Awards Luncheon held in Ellicottville. Sales associates were recognized from all office ...

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Move to Westwood pitched as cure for Boston school angst - Boston Globe

Sat, 04/06/2013 - 23:03

Boston Globe

Move to Westwood pitched as cure for Boston school angst
Boston Globe
... “was an example of someone who was, on some level. Yoon S. Byun/Globe Staff. The real estate mailing “was an example of someone who was, on some level, taking advantage,” said Steve Poftak, a Roslindale resident with children in public schools.

Area Real Estate: Tours, Dream Homes & Listings - Patch.com

Sat, 04/06/2013 - 20:28

Area Real Estate: Tours, Dream Homes & Listings
Patch.com
Whether you're in the market for a new home or just curious about local real estate, Patch has you covered. Check out our weekly Dream Homes feature on Thursday, where we highlight some of the great available residential properties near you. Here are ...

Heavy fines levied for real estate misconduct - Minneapolis Star Tribune

Sat, 04/06/2013 - 15:33

Heavy fines levied for real estate misconduct
Minneapolis Star Tribune
A real estate salesperson and three unlicensed individuals were fined $3.25 million for their roles in a multimillion-dollar scheme that used forged documents to deceive lenders into approving large loans for unqualified buyers. In two other schemes ...