The LeFrak family Jamie, Harrison, and Richard paid a record amount for a Beverly Hills medical building Thomas Michael Alleman On a sunny day in June, a hundred Los Angeles brokers gathered for an open house at the LeFrak Organization’s recent
Source: www.businessweek.com

U.S. Economy: Consumer Spending Slows, Inflation Accelerates - Bloomberg
Aug. 29 (Bloomberg) — Spending by U.S. consumers slowed in July as the impact of the tax rebates faded and a pickup in inflation eroded Americans’ buying power. Purchases rose 0.2 percent, one-third the pace in June, the Commerce Department said
Source: www.bloomberg.com

Toronto real estate watchers are anticipating a brisk fall market in condominium sales but the pace has already cooled from last year’s torrid unit-swapping. Sellers still have the advantage but both prices and sales gains have slowed from last year
Source: www.theglobeandmail.com

LLB profit falls 31 pct, hurt by German tax affair - Reuters
ZURICH, Aug 29 (Reuters) - First half net profit at Liechtensteinische Landesbank (LLB.S: Quote , Profile , Research , Stock Buzz ) fell 31 percent to 88.2 million Swiss francs ($80.77 million), hurt by the financial market crisis. The Vaduz
Source: www.reuters.com

Program expands students’ expertise - St. Louis Post-Dispatch
As a real estate investor, Michelle Dix often does appraisals on foreclosed properties to assess their potential as investments or to help banks set a bid price for the property. Until recently, her appraisals were based on “gut feeling, and self
Source: www.stltoday.com

Waterfront property on Waiheke Island - which has outperformed New Zealand real estate trends over the past decades - will continue to grow in value in the long term, according to the latest property research and statistics from leading real estate

Defaults Slow, but Don’t Call It a Comeback - Street.Com
Loan delinquencies declined in the second quarter, but the temporary aid provided by government stimulus checks means that the credit crunch could be far from over, analysts say. Several analysts this week have crunched the numbers on the second

The Kolter Group Announces $1 Billion Joint Venture with Och-Ziff Real - PR Inside
- The Kolter Group (”Kolter”), one of Florida’s leading real estate development firms, recently announced an investment vehicle for residential expansion throughout the Southeast United States with an affiliate of Och-Ziff Real Estate Acquisitions LP