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American Real Estate Partners and Investcorp Close on $176 Million Acquisition of Canal Center in Alexandria, Va

HERNDON, Va., Oct. 24, 2014 /PRNewswire/ -- American Real Estate Partners, with joint venture partner, Investcorp, today announced the $176 million acquisition of Canal Center, a 540,000 square foot, four-building ...

In Alberta, Fort McMurray’s top-end real estate market slips

Housing prices in booming oil town suffer over the past few months as the price of oil slides

Cambridge property outstrips London's with 33% leap since 2007 peak

The only other cities to have surpassed their pre-crisis peak are Oxford, Aberdeen, Bristol, Portsmouth, Southampton and Bournemouth.

Kungsleden AB: Kungsleden increases profit from property management with 46 per cent

Regulatory News:

Housing Fails to Overcome U.S. Home-Loan Rates: Chart of the Day

Falling U.S. mortgage rates stem from the housing market’s inability to withstand increases last year, according to Michael Hartnett, chief investment strategist at Bank of America Corp.’s Merrill Lynch unit.

Amtrak Considers Selling Real Estate for Development

Amtrak will consider selling or leasing real estate it owns in New York, Washington, Baltimore, Chicago and Philadelphia as part of a plan to raise money, the U.S. passenger rail operator’s chairman said.

Real estate spotlight, Oct. 23, 2014

Just a few graduates of Taliesin, Frank Lloyd Wright's architecture school, practiced in Seattle in the middle of the 20th century. One was Theodore "Ted" Dixon Bower, who designed this Leschi home in 1970. It's listed for $1.697 million, although a sale is pending.

William Lyon Homes' Wrap It Up Sales Event Offers Valuable Featured Homes

Homebuyers looking to close out 2014 in an amazing, brand-new home are urged to explore the valuable offerings during William Lyon Homes' Wrap It Up Sales Event. 11 beautifully upgraded Featured Homes ...

Vietnam: New darling of property markets?

Vietnamese property may finally be shaking off its years-long bear market to rise from the flames, with analysts pointing to rising sales and investment.

Federal Home Loan Bank of Seattle Honors HomeStreet Bank with 2014 Community Spirit Award

Today the Federal Home Loan Bank of Seattle presented its 2014 Community Spirit Award to HomeStreet Bank, headquartered in Seattle, Wash. This prestigious annual awa

Sexton Named 2015 President of Arizona Association of REALTORS®

PHOENIX, Oct. 23, 2014 /PRNewswire/ -- The Arizona Association of REALTORS® (AAR), the largest professional trade organization in Arizona supporting more than 40,000 REALTOR® members, announced today that it has installed Jim Sexton, GRI, as 2015 president, effective December 1, 2014. Sexton is the Designated Broker of Realty One Group's Arizona offices, which are headquartered in Phoenix with ...

Banks Aim To Resolve Real Estate Assets

Over the next several quarters, real estate observers anticipate, billions of dollars in distressed commercial properties and loans will hit the market as banks rush to clean up their balance sheets. The ...

Washington Real Estate Investment Trust to Host Third Quarter 2014 Earnings Conference Call and Webcast Live on Friday ...

Rockville, MD / ACCESSWIRE / October 23, 2014 / Washington Real Estate Investment Trust (NYSE:WRE) will host a conference call and live webcast to discuss the results of the third quarter 2014, to be held ...

Diocese of Joliet Selects Inland Real Estate Brokerage & Auctions, Inc. To Market Portfolio of 25 Properties

Inland Real Estate Brokerage & Auctions, Inc. announced today that they have been selected by the Roman Catholic Diocese of Joliet to market

Anconia Completes Successful Initial Program at Grenfell Property, Kirkland Lake Ontario

Anconia Resources Corp. is pleased to announce that it has completed a successful initial exploration program at its Grenfell Property near Kirkland Lake which is under option from Cadillac Ventures Inc. ...

Home loan rate rises further off

In good news for borrowers, short-term interest rates are likely to say on hold for another year, with the inflation genie well corked for now.

William Lyon Homes' Holiday Sales Event Presents Valuable Featured Home Opportunities

2015 is soon approaching and William Lyon Homes' "Wrap It Up" Sales Event is celebrating with special deals on select homes. With 7 participating neighborhoods and a sales team motivated to get ...

William Lyon Homes' Cedar Glen Models Near Completion

With William Lyon Homes' exciting Cedar Glen Debut slated for next month, the professionally designed model homes are nearing completion with finishing touches now underway. In anticipation of this exciting ...

Simon Property Group (SPG) Earnings Report: Q3 2014 Conference Call Transcript

The following Simon Property Group conference call took place on October 22, 2014, 11:00 AM ET. This is a transcript of that earnings call: Company Participants Tom Ward; Simon Property Group; Vice President Investor Relations David Simon; Simon Property Group; CEO Rick Sokolov; Simon Property Group; COO ... Click to view a price quote on SPG . Click to research the Real Estate industry.

Mortgage rates sink; 30-year averages 3.92%, Freddie Mac says

The lowest mortgage rates of the year sank a bit lower this week, with Freddie Mac reporting that lenders were offering 30-year fixed loans at an average of 3.92%, down from 3.97% a week ago.

Is the mortgage credit box finally getting bigger?

The Feds are “waking up and smelling the coffee” on lack of credit availability.

Refinancing your mortgage? Opportunity knocks

Mortgage borrowers are getting the lowest rate mortgages of the year right now. Homeowners seeking to save some on mortgage payments can celebrate: The average rate for 15-year, fixed-rate mortgages, one of the most popular refinance products, has dipped to its lowest level since June 2013.

Mortgage rates scraping bottom again

Homeowners seeking to save some on mortgage payments can celebrate: The average rate for 15-year, fixed-rate mortgages, one of the most popular refinance products, has dipped to its lowest level since ...

Mortgage rates continue downward trend this week

The 30-year fixed-rate average has fallen nearly 50 basis points in the past six months to 3.92 percent.

Mortgage Rates Decline Further

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates hitting fresh lows for the year for the second consecutive week amid declining bond ...

Guild Mortgage Acquires Northwest Mortgage Group; Becomes the Leading Purchase Mortgage Lender in the Portland Area

Guild Mortgage Co. has acquired Northwest Mortgage Group based in Portland, Ore., with eight branches in Oregon and $842 million in loan volume in 2013. Northwest Mortgage Group is the largest purchase mortgage lender in the Portland area.

There Are More Discounted Homes on the Market Now

Some sellers are slashing prices to sell the property before winter comes.

Simon Property Group Q3 Earnings Call - What Retail Investors Need To Know

Simon Property Group Inc (NYSE: SPG ) results and guidance can provide investors with insights into retail sector trends, the U.S. consumer, as well as the health of the overall U.S. economy. Therefore, ...

Wheeler Real Estate Investment Trust, Inc. Completes Its Transition to an Internally-Managed REIT Through the ...

Wheeler Real Estate Investment Trust, Inc. announced today that the Company’s Board of Directors has approved the acquisition of the membership interests of Wheeler Interests, LLC “Wheeler Interests”), Wheeler Real Estate, LLC and WHLR Management, LLC .

Homes.com® Unveils Updated Mobile Application

NORFOLK, Va., Oct. 23, 2014 /PRNewswire/ -- Homes.com® has re-launched its Homes, Apartments, and Real Estate search app with version 7.0 for iOS and Android. Completely overhauled and featuring new tools and resources, the app utilizes Homes.com mobile technology with advanced features for consumer ease-of-use. "Homes.com is consistently monitoring trends and market conditions to ensure the ...

Redfin Brings Its Real Estate Brokerage to Jacksonville, Florida

Redfin , the customer-first real estate brokerage, today announced the launch of its home-buying and selling services in Jacksonville, Florida. People can now work

Red Pine Exploration Announces Acquisition of Quebec Silica Property

Red Pine Exploration Inc. announces that it has entered into an agreement, subject to certain terms and conditions, to acquire the Kipawa Silica Property located approximately 15 kilometers east of Temiscaming, ...

Albuquerque realtors say vacant homes for sale being vandalized before being sold

An Albuquerque realtor says she is seeing a disturbing trend at vacant properties for sale. Instead of attracting a buyer, the empty homes are attracting vandals.

Why China's property slowdown isn't so scary: Goldman

China's property market looks to be on shaky ground with home sales flagging and prices declining, but Goldman Sachs isn't fretting about a sharp downturn in the sector.

Price Gains for Costliest London Homes Slowest in 3 Years

Prices of London's most expensive homes gained at the slowest pace in more than three years in the third quarter as the market took a "necessary pit-stop," according to Marsh & Parsons Ltd. The average price in Chelsea, one of the city's most exclusive neighborhoods, fell 0.4 percent to 2.4 million pounds. "We've reached a plateau in the course of house-price growth, and the path paved out for ...

Granite Ridge Homes Automates Homes in Ft. Wayne Community

SARASOTA, FLA. -- Granite Ridge Homes announced today that the company will include automation solutions as standard amenities in each of the custom homes it is building in its new Ft. Wayne, Indiana development. ...

AV Homes, Inc. Announces Third Quarter 2014 Earnings Call

SCOTTSDALE, Ariz. -- AV Homes, Inc. announced today that it will release financial results for its third quarter ended September 30, 2014 after the market closes on Thursday, October 30, 2014. The Company ...

Bluerock's Total Income+ Real Estate Fund Exceeds $100 Million AUM on Growing Momentum

NEW YORK -- via PRWEB - "Exceeding $100 million in AUM is a great milestone. It's a continued investor validation that the TI+ Fund is meeting its mandate to deliver high current income and total ...

Nursing Homes Use Too Many Antibiotics, and Residents Are Dying

Infections are all-too-common in nursing homes. And all-too-often facilities treat these conditions with large doses of antibiotics. Now the Obama Administration has announced a major initiative aimed at dramatically reducing the use of these drugs. And the effort has the potential to fundamentally change the way nursing homes operate—and the way residents receive care.

Simon Property (SPG) Beats Q3 FFO on Improved Operations

Simon Property (SPG) reported third-quarter 2014 comparable FFO of $2.25 per share, which came above the Zacks Consensus Estimate of $2.02 per share and the year-ago quarter figure of $1.97 per share.
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