New England Patriots offensive lineman Matt Light and about 20 other star athletes loaned more than $8 million to a California real estate company that teamed up with Fidelity Investments and Citigroup Inc. to invest in apartment complexes before collapsing and filing for bankruptcy protection.
Light, Toronto Blue Jays ace Roy Halladay and Los Angeles Angels [...]
Billie Redmond, CEO of Coldwell Banker Commercial TradeMark Properties has announced that Allison Mitwol has joined the firm as a real estate advisor. In this position, Mitwol will specialize in the brokerage and leasing of retail properties in the Triangle area. Mitwol completed three years of work in residential sales before transitioning to commercial leasing [...]
InStorage Real Estate Investment Trust (TSX: IS.UN) announced today that Alay Shah Finance Investment, the REIT’s Chief Financial Officer, has resigned his position effective June 4, 2008.
The Board of Trustees has appointed Robert Masaki, CA, as the REIT’s interim Chief Financial Officer. Mr. Masaki is a senior financial executive with expertise in corporate finance, financial [...]
Canadian growth shrank 0.3% in the first quarter, as a wrenching restructuring in the manufacturing sector hobbled an economy half-way in recession.
It was the first decline in annualized growth in nearly five years and the weakest in the Group of Seven, behind the United States, Britain, Europe and even Japan.
“This is a bitterly disappointing and [...]
Real estate has a justified reputation for protecting the investor from inflation — but only in the long-term and only if it is the right kind of inflation.
So investors worried by the growing menace of inflation should think twice before upping their exposure to the asset class, even as property markets sag and valuations become [...]
Hedge fund Reech AiM said on Monday that its flagship $160 million (82 million pound) Iceberg European real estate fund posted a 29 percent net return in its first year, massively outperforming underlying commercial property markets.
According to data from Investment Property Databank, the combined rental income and capital growth return on British commercial property in [...]
MagicBricks.com, India’s No 1 property site brings a golden opportunity for NRIs & PIOs, in the USA who are planning to return to their homeland or invest in real estate in India. MagicBricks.com India Property show, USA will offer the best of properties from India including hundreds of residential and commercial properties to choose from, [...]
The addition of new real estate investment products and property funds that developers are lining up are expected to exacerbate the talent crunch in real estate.
“The sector is currently hiring for front-office, back-office and operational roles. The levels are comparable to the first wave of aggressive hiring witnessed in the late nineties. We have seen [...]
The Board of Audit and Inspection has asked the government to sell 15 subsidiaries of state-run corporations including Korea Real Estate Investment Trust, Korea Housing Management, Korea Asset Investment Trust, Ansan Urban Development Institute and Korea Enterprise Data to private firms.
It is also calling for the restructure of seven subsidiaries of state-run corporations and the [...]
PEOPLE who did not buy an investment property before last year’s 20 per cent house price boom have not missed the boat, a Smart Money round table forum on investing in real estate has heard.
A panel of six real estate, finance and insurance experts ((LtoR) Ann-Marie Chamberlain, Carolyn Majda, Rebecca Neale, Denny Havriluk, Greg Moulton, [...]
