Monthly ARCHIVES
September 2010
(MIAMI, FL) -- Jones Lang LaSalle's new Miami-based industrial brokerage team has completed the largest industrial warehouse lease in South Florida in more than two years. Read More
Dottie Herman Q1 - What is the difference between going into foreclosure and declaring bankruptcy or both? Does one affect your chances more for securing a mortgage in the future? A - These are separate items but can be related... Read More
According to Bruce Boncke, who testified before Congress this week on behalf of the National Association of Home Builders (NAHB), builders and developers support the goals of low-impact development and believe that federal, state and local land development policies should be flexible and responsive to consumer preferences. Read More
In a surprise setback for protesters, an advocate general last week recommended the European court of justice table a complaint against Spain's controversial land laws. Read More
(ST. ANDREWS, SCOTLAND) -- Chefs around the country are being invited to have their cake and eat it too thanks to an innovative new partnership. Premium Scottish food ingredients manufacturer Macphie of Glenbervie has teamed up with Kingsbarns Golf Links and the Fairmont St. Andrews to launch their new range of desserts on the fairway. Read More
Dubai and Japan are continuing talks to set up a mutually beneficial partnership that would oversee land sales in the two countries, according to a prepared statement by Dubai's Land Department. Read More
Real estate investment trusts in the U.S. are back in the black. Many are selling shares to fund property acquisitions after using record cash from equity offerings last year to reduce debt and cover dividends, Bloomberg reports. Read More
In my last article, we examined the shadow inventory to determine how many distressed properties (not on MLS) were almost certain to be forced onto the market in the not-to-distant future. For a sensible follow up, let's take an in-depth look at so-called "strategic defaults" Read More
According to a recent report from Forbes.com, the average of median price of homes located in the most expensive zip codes in the U.S. now tops over $4,000,000. Forbes.com also reports that the top 500 U.S. zip codes also experienced a continued year-over-year price drop ... Read More
According to a recent report from the National Association of Realtors (NAR), international property investors spent $41 billion on buying homes in the U.S. in 2010. Read More
(NAPLES, FL) -- Bonita Bay East, an exceptional environmental setting with two award-winning Tom Fazio-designed golf courses, announces two new programs featuring golf at competitive prices. Read More
According to the latest data compiled by Smith Travel Research (STR) and STR Global, the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for August 2010. The region's occupancy rose 6.3 percent to 64.2 percent, ... Read More
(ABU DHABI, UAE) -- More and more tenants are relocating from villas on Abu Dhabi island as prices in the third quarter average 35 percent more than some communities on the mainland, according to a report published today by UAE property management company Asteco. Read More
(ABU DHABI, UAE) -- This week I joined a press tour of the Al Bandar community that sits on the coast north of Abu Dhabi island looking across a small harbor to Yas Island, home of the Formula 1 Grand Prix track and Ferrari World. Al Bandar is the northernmost portion of the Al Raha Beach development that includes HQ, the iconic disc shaped office building. Yas Island and Al Raha Beach are among Aldar's signature projects. Read More
According to the Mortgage Bankers Association's (MBA) most recent Weekly Mortgage Applications Survey for the week ending September 24, the Market Composite Index decreased 0.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the... Read More
It's still not Fifth Avenue in New York but Khan Market in New Delhi now ranks among the priciest rent markets in the world, according to a recent Cushman & Wakefield analysis. The shopping center has the most expensive retail rents in India. Retailers in India will have to shell out more money to set up shops Read More
In Benidorm, located in the eastern region of Valencia, Torre Lugano, Spain's tallest residential tower at 420 feet, is the poster boy today for everything that went wrong with the country's commercial and residential real estate markets. Those markets are ready to implode, according to sources polled by The Wall Street Journal. Read More
Grammy-winning trumpeter Herb Alpert and his wife, singer Lani Hall, have listed a house in Pacific Palisades at $2.6 million, the Multiple Listing Service shows. Read More
According to a new Jones Lang LaSalle hotel investment report, Bogotá, Buenos Aires, Lima and Santiago emerge as key strategic markets for Latin America in 2011. Read More
Nakheel, the troubled Dubai developer, is poised to restart work on eight projects, as it finalizes a deal to rework its debt, the company's chief executive told reporters this week. Read More
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