Realty

NEW HYDE PARK, N.Y.—-Kimco Realty Corporation announced today that since July 1, 2009, together with its joint venture partners, investment funds sponsored by Prudential Real Estate Investors , it has repaid $145 million on the credit facility which the joint ventures have with a consortium of banks.

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Arbor Realty Trust, Inc. , today announced that the Company transferred its remaining 7.5% interest in Prime Outlets, at a value of approximately $9 million, in exchange for preferred and common operating partnership units of Lightstone Value Plus REIT L.P.

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The following information was provided by ERA Justin Realty.

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The Sensex is now at 15,819, up 38 points. The NSE Nifty is at 4,699, up 11 points. The BSE Realty index has soared 2% to 4,222. Bhari Airtel and DLF have advanced over 3% each to Rs 430 and Rs 403, respectively.

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RISMEDIA, August 28, 2009-Better Homes and Gardens Rand Realty, one of the Hudson Valley’s largest real estate brokerages with 22 locations, is “going green” in its offices and has introduced energy-audit discounts and educational programs to help sellers and homeowners reduce their energy consumption and bills. “It’s more important than ever …

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Real estate investment trust Kimco Realty Corp. said Thursday that together with its joint venture partners it has repaid $145 million of credit facility debt.

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Real Estate Forum, one of the industry’s leading publications covering the real estate market, named Teague Hunter, CHB, president of Hunter Realty Associates, Inc., one of the Nation’s Leading Dealmakers.

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NEWARK, N.J.—-Prudential Mortgage Capital Company has closed a $108 million loan on behalf of its general account client for a portfolio of retail properties owned by Kimco Realty Corporation.

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Add Bob Parks Realty to the list of Nashville-area real estate companies turning to property management and other ancillary services to pick up the slack from weaker home sales.

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Raleigh — Dominion Realty Partners, LLC has completed The Genworth Building, a six story 134,152 square foot eco-friendly Class A office building with 511 covered parking spaces sitting on 4.93 acres at 8325 Six Forks Road Raleigh, North Carolina to serve as the headquarters for Genworth’s mortgage insurance business, a division of Genworth Financial, Inc.

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