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Archive for December, 2006

Boom’s retreat leaving cities in hole

Tuesday, December 26th, 2006


Miami Herald - From Plantation to Pinecrest, from Coral Springs to Coral Gables, the last few years have been boom times at city halls across South Florida. Thanks to the skyrocketing real estate market, city managers and commissioners have raked in hundreds of
Source: www.miami.com

Bay Area wealthy are less giving
San Francisco Gate - In calculating the value of investment assets, the study included securities and private investments, but not investment real estate, personal homes or retirement pensions. The organization advocates that, when deciding how much to give to
Source: www.sfgate.com

A matter of fairness
Baltimore Sun - With the real estate market cooling and state and local government facing substantial budget deficits in the near future, the case for closing one of Maryland’s most notorious tax loopholes has never been stronger. It’s outrageous enough that the
Source: www.baltimoresun.com

Sorouh Real Estate launches Dh500m Central Park project 

Tuesday, December 26th, 2006


ABU DHABI Sorouh Real Estate launched its Central Park project, an integral part of the Shams Abu Dhabi development at Al Reem Island, offering 12 mixed-use towers, open space and recreational amenities at a construction cost of Dh500 million.

The National Investor voted ‘Best Investment House in the UAE’ 
The National Investor (TNI), the region’s leading investment banking firm, was awarded the prize for ‘Best Investment House in the UAE’ in Real Estate at the IREF ME 2006 Gala Awards Dinner.

Real estate newsmakers 
Richard Clarke has been hired as vice president for the Fort Myers office of Opus South Corp.

Luisa Kroll On Wealth And Celebrity

Monday, December 25th, 2006


Forbes - Expect a record number of billionaires again in 2007, thanks to new faces, particularly from emerging markets like China, India and Eastern Europe. Fueling this wealth boom is the triumvirate of strong equity markets, surging real estate values and
Source: www.forbes.com

Larry Light On Investing
Forbes - That real estate investment trusts, mostly portfolios of properties that are traded as common stock, will continue to amaze. Residential real estate may be gasping, but REITs (which invest in almost everything except single-family homes) did very
Source: www.forbes.com

 


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