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1/6/2009

Chicago real estate exec found dead (Chicago Tribune)
A Chicago commercial real estate broker committed suicide in a Kane County wildlife preserve, police said Monday.

China to Introduce Real-Estate Investment Trusts (Update1) (Bloomberg)
Jan. 6 (Bloomberg) -- China’s central bank and banking regulator are formulating a plan to allow developers to raise funds through real-estate investment trusts, or REITs, hoping to restart construction projects hamstrung by financing issues.

China to Introduce Real Estate Investment Trusts, Qi Says (Bloomberg)
Jan. 6 (Bloomberg) -- China’s central bank and bank regulator are formulating a plan to allow developers to raise funds through real estate investment trusts, or REITs, said the country’s vice housing minister.

Prominent Real Estate Exec Dead In Apparent Suicide (WBBM Newsradio 780 Chicago)
EAST DUNDEE, Ill. (STNG) - The chairman and CEO of a Chicago real estate firm was found dead of an apparently self-inflicted gunshot wound Monday in a car in a northwest suburban wildlife preserve.

Senior official: China mulls introduction of real estate investment trusts (People's Daily)
China is considering introducing real estate investment trusts (REITs) to help increase financing channels for real estate developers, Qi Ji, vice minister of the Ministry of Housing and Urban-Rural Development told a press conference Tuesday. The move would help the country's real estate developers raise money by means other than commercial bank loans, which are now the primary source of funds, ...

Learning Links Centers, a Socially Responsible Real Estate Investment Company, Purchases Its Second Dallas-Based ... (Centre Daily Times)
Learning Links Centers, LLC ® (LLC), a socially responsible Southern California-based real estate investment company purchased its second building in Dallas, Texas. Real Estate entrepreneurs and LLC co-founders Joe Killinger and George Pino announced today their acquisition of the “The Madeline,” a 14-acre, 292-unit apartment complex located at 9855 Shadow Way, Dallas, Texas 75243, further ...

Poly Real Estate 2008 Property Sales Rise to 20.5 Billion Yuan (Bloomberg)
Jan. 6 (Bloomberg) -- Poly Real Estate Group Co. , China’s second-largest publicly traded developer, said property sales rose 20.4 percent to 20.5 billion yuan ($3 billion) last year.

The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online (GlobeSt.com)
NEW YORK CITY-Cushman & Wakefield is signing a memorandum of understanding with the US Environmental Protection Agency--reportedly the first such agreement by a real estate services firm.

Commercial real estate: Manhattan sales slump (Sun-Sentinel)
Manhattan commercial real estate sales fell 66 percent in 2008 to $17.09 billion, the lowest in four years. Only 20 property sales worth $5 million or more closed in the fourth quarter, and there were 250 such deals in the year, according to Real Capital Analytics Inc., a real estate data service based in New York.

Tips on Miami Real Estate Home Buying (Turks.US)
In buying a home in Miami real estate, the first thing you should do is settle your finances. You better find out your credit score and fix issues that can affect your credit. Then you have to secure your mortgage.


 
 
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