Archive for June, 2009

Sensex still in red; Realty index slips 3% (Business Standard India)

Written by Admin on Tuesday, June 30th, 2009 in Uncategorized.

The Sensex touched a low of 14,689, down 218 points from the day’s high. The index is now at 14,720, down 65 points. The BSE Realty index has shed 3% at Rs 3,356.

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Weingarten Realty expands, extends tender offer (San Francisco Chronicle)

Written by Admin on Tuesday, June 30th, 2009 in Uncategorized.

Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it’s giving investors to decide on the maximum tender offer. The new total is nearly $… Sponsored Topics: Real estate investment trust - Real estate - Business - Canada - Investing

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Cornerstone Realty associates earn new certificate (The Grass Valley Union)

Written by Admin on Tuesday, June 30th, 2009 in Uncategorized.

Stephen R. DeSena and Stephen L. DeSena of DeSena Group E.R.A. Cornerstone Realty of Nevada County have earned the Certificate Distress Property Expert designation, having completed training in foreclosure avoidance and short sales.

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BioMed Realty Trust, Inc. announced today the closing of a new $350 million loan with John Hancock Life Insurance Company, TIAA-CREF, and Westdeutsche ImmobilienBank AG. The five year loan is secured by a single property - the Center for Life Science | Boston, a newly constructed 700,000+ square foot state-of-the-art research facility that recently received Gold LEED® certification from the U.S.

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Mkts weak amid volatility; realty, auto, power sli … (IBN live)

Written by Admin on Tuesday, June 30th, 2009 in Uncategorized.

At 12.34 hrs IST, the markets were trading in negative terrain with some choppiness. The Nifty was hovering around the 4350 mark. Heavy selling pressure was seen in realty, auto, power, bank and oil & gas stocks. The BSE midcap and smallcap indices were down 1.23% and 0.72% respectively.

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SAN DIEGO, June 29 /PRNewswire-FirstCall/ — BioMed Realty Trust, Inc. (NYSE: BMR) announced today the closing of a new $350 million loan with John Hancock Life Insurance Company, TIAA-CREF, and Westdeutsche ImmobilienBank AG.

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Persimmon Realty merges with John L. Scott (The Portland Business Journal)

Written by Admin on Tuesday, June 30th, 2009 in Uncategorized.

Persimmon Realty Corp., a Gresham real estate firm that formed to sell newly constructed homes at Persimmon Country Club, has merged into the local office of John L. Scott Real Estate.

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Nifty breaks 4300; realty, metals, infra, banks pl … (IBN live)

Written by Admin on Tuesday, June 30th, 2009 in Uncategorized.

At 14:38 hours IST, heavy sell-off in infrastructure, metal, realty, telecom and banking stocks along with Reliance Industries and Tata Motors was putting pressure on the markets.

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Weingarten Realty expands, extends tender offer (AP via Yahoo! News)

Written by Admin on Tuesday, June 30th, 2009 in Uncategorized.

Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it’s giving investors to decide on the maximum tender offer.

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Realty fervor takes aim at reality (MSN Money)

Written by Admin on Monday, June 29th, 2009 in Uncategorized.

The real-estate balloon has deflated, but there’s still plenty of hot air surrounding home prices. Let us now appraise industry lobbying efforts to lift valuations.

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