Investing
Jones Lang LaSalle Appoints Industry-Leading Trio to Lead Americas Real Estate Investment Banking Platform
March 17, 2010 Posted by RealEstateRama
Tom Melody, Tom Fish and Mike Melody hired to assume executive leadership roles for Americas Capital Markets. MIPIM, Cannes, 17th March, 2010 — Jones Lang LaSalle today announced the firm has bolstered its global capital markets platform with the hiring of three long-standing industry experts to lead its Americas Real Estate Investment Banking (REIB) business and assume executive leadership roles for the firm’s Americas Capital Markets business. Thomas O. Fish, Michael J. Melody and Thomas J. Melody will steer the firm’s Americas REIB business as Executive Managing Directors. The trio will partner with Americas Capital Markets President Jay Koster and the Capital Markets leadership team to help drive the expansion of the firm’s overall Americas Capital Markets business.
MBA Report Shows Economic Fallout Continues to Impact Commercial Real Estate Markets/Delinquencies in 4th Quarter 2009
March 11, 2010 Posted by MBA
Washington, DC - March 11, 2010 - (RealEstateRama) — Delinquency rates continued to increase in the fourth quarter for most commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report
Clear Capital Reports Home Pricing Data Through February 2010: National Year-Over-Year Price Increase Reaches 5.0%
March 4, 2010 Posted by Clear Capital
While year-over-year sales remain positive through February, the most recent national quarterly gains are flat, showing a softening during the winter months.
TRUCKEE, CA - March 4, 2010 - (RealEstateRama) — Clear Capital (www.clearcapital.com), a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today released its Home Data Indexâ„¢ (HDI) Market Report. Patent pending rolling quarter technology significantly reduces the multi-month lag time associated with other indices to help investors, loan servicers and individual buyers and sellers make more informed, timely and profitable decisions.
LISC announces $607MM in 2009 Building Sustainable Communities investments
March 1, 2010 Posted by RealEstateRama
NEW YORK, NY - March 1, 2010 - (RealEstateRama) — The Local Initiatives Support Corporation (LISC) invested $607 million during 2009 to help transform distressed neighborhoods into good places to live, work, do business and raise families
Poll Shows Strong Support for Government Housing Initiatives
March 1, 2010 Posted by NAHB
WASHINGTON, DC - March 1, 2010 - (RealEstateRama) — Americans remain strongly committed to federal support for home buyers, according to a recent survey of U.S. households. Roughly 68 percent of those polled said the government should continue to support housing, and 65 percent believe the government should be doing more to keep families from losing their homes to foreclosure.
EastGroup Properties Announces Presentation at Citi 2010 Global Property CEO Conference
February 25, 2010 Posted by RealEstateRama
Jackson, MS - February 25, 2010 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Citi 2010 Global Property CEO Conference. EastGroup’s presentation is scheduled for Monday, March 1, 2010 at 7:45 a.m., EST. The presentation will be broadcast live and is accessible by dialing (877) 211-0500 (passcode 4216413).
REALTYTRAC PARTNERS WITH REALTYJOIN TO LAUNCH NEW ONLINE SOCIAL NETWORKING FORUM FOR REAL ESTATE INVESTORS
February 25, 2010 Posted by RealtyTrac
RealtyJoinâ„¢ Connects Investors, Agents, Brokers and Tradespeople. IRVINE, CA - February 25, 2010 - (RealEstateRama) — RealtyTrac® (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today announced a strategic agreement with RealtyJoinâ„¢ (www.realtyjoin.com), a new and exciting social networking site that allows real estate investors to connect with the people who can help them profitably invest in real estate: agents, brokers and other real estate professions — all 100 percent free.
SEC Charges Two Sacramento Men with Defrauding Real Estate Fund Investors of Millions of Dollars
February 23, 2010 Posted by SEC
Washington, D.C. - February 23, 2010 - (RealEstateRama) — The Securities and Exchange Commission today charged two Sacramento-area men with misappropriating approximately $10 million from more than 100 investors who were falsely promised that their money would be loaned to homebuyers and secured by real estate deeds of trust.
USAA Real Estate Company Announces Sale of Reckitt Benckiser Distribution Center - Salt Lake City, UT
February 19, 2010 Posted by RealEstateRama
February 19, 2010 - (RealEstateRama) — USAA Real Estate Company announced the sale of the Reckitt Benckiser Distribution Center in Tooele County, Utah to real estate advisory firm American Realty Capital (ARC). The transaction closed for an undisclosed price. John Sedar with the Sacramento-based Palmer Team represented USAA Real Estate Company in the transaction
Log Homes Council Unveils New Buyer’s Guide
February 11, 2010 Posted by RealEstateRama
February 11, 2010 - (RealEstateRama) — If there?s one silver lining to the housing boom and subsequent bust is that land costs are at a historic low. Just a few years ago, land costs were as much as 60 percent of the total cost of a new home in the United States, according to a recent study by the University of Wisconsin. Today land costs often make up less than five percent of the total cost.
