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Archive for March, 2007

AMB Property Corporation(R) Enters South Korea With Development at Seoul’s Incheon International Airport 

Saturday, March 31st, 2007


AMB Property Corporation , a leading global developer and owner of industrial real estate, today announced it has entered South Korea with a 363,000 square foot development project in the Incheon Free Economic Zone, immediately adjacent to the cargo terminal area of Incheon International Airport.
Source: biz.yahoo.com

A Cool Spring: Retailers at furniture market seemed reluctant to broaden supplier base 
The spring High Point Market appears destined to join this decade’s ranks of lukewarm trade shows when it ends Sunday.
Source: www.journalnow.com

The Community Reinvestment Act: Its Evolution and New Challenges 
This year marks the thirtieth anniversary of the Community Reinvestment Act (CRA). Enacted in 1977, the CRA affirmed the obligation of federally insured depository institutions to help meet the credit needs of communities in which they are chartered, consistent with safe and sound operations.
Source: www.federalreserve.gov

Zell Seeks Challenges Beyond Real Estate 

Friday, March 30th, 2007


CHICAGO — If there were a Hall of Fame for real estate investors, Sam Zell would be a certain first-ballot inductee. The Grave Dancer, as he long ago dubbed himself for his ability to revive moribund properties, has had a golden touch with real estate ever since he got his start managing apartment buildings as a college undergrad. The blockbuster sale of Equity Office Properties Trust last …
Source: www.washingtonpost.com

International Properties/GMAC Real Estate Wins Top GMAC Real Estate Award 
International Properties/GMAC Real Estate from Orlando, Florida, collected a Top 10 Company Award from GMAC Real Estate at the GMAC Home Services 2007 Annual Business Conference.
Source: news.yahoo.com

PDG Realty Launches 28 Projects in 2006, Consolidating Itself as One of the Country’s Largest Real Estate Developers 
PDG Realty S.A. - Empreendimentos e Participacoes , one of the largest companies operating in Brazil’s real estate sector, announces its results for the 4th Quarter 2006 and full year ended December 31, 2006 .
Source: biz.yahoo.com

Emeritus Corporation and Summerville Senior Living Announce Merger

Friday, March 30th, 2007


Forbes - Under the terms of the Agreement, 8,500,000 shares of common stock of Emeritus will be issued to the shareholders of Summerville, including Apollo Real Estate Investment Funds III and IV, (”Apollo Funds”), two real estate funds managed by Apollo Real
Source: www.forbes.com

Matthew B. Leydig and James Walker Join EagleBank’s
MSN MoneyCentral - BETHESDA, Md., March 29 /PRNewswire-FirstCall/ — EagleBank has recently added Matthew Leydig and James Walker to serve as Vice Presidents and Commercial Real Estate Lenders at the bank’s new Lending Center on Old Georgetown Road in Bethesda
Source: news.moneycentral.msn.com

Real estate industry fights review
Stuff - The real estate industry is fighting plans for sweeping reforms that would see an independent complaints and disciplinary body set up to protect consumers. Associate Justice Minister Clayton Cosgrove yesterday announced plans for a total legislative
Source: www.stuff.co.nz

 


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