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Grubb & Ellis to offer property management service
(AP:SANTA ANA, Calif.) Commercial real estate company Grubb & Ellis Co. said Tuesday it will begin offering residential property management services nationwide through a partnership with Kettler Inc.
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Green Building: A Real Estate Revolution?
Green building now accounts for close to one-third of new U.S. construction. That's up from 2 percent in 2005, according to McGraw-Hill Construction, which tracks the industry. The U.S. Green Building Council, and its LEED rating system, have changed construction practice -- and policy -- around the country.
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Dubai ruler's property company extends loan terms
(AP:DUBAI, United Arab Emirates) A real estate and hotel group owned by Dubai's ruler says it has won an extension to repay a $555 million loan as the emirate works to resolve its severe debt crisis.
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S. Calif. brothers charged with real estate scam
SAN DIEGO (AP) - Two brothers have been charged with bilking hundreds of Southern California homeowners out of $1.5 million in a foreclosure scheme. San Diego County prosecutors said Tuesday they have charged John and Davis Zepeda with 104 felony counts each, including forgery and conspiracy.
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Health Care REIT prices $450M notes offering
(AP:TOLEDO, Ohio) Health Care REIT Inc. said Tuesday that it priced a public offering of $450 million in 4.7 percent notes due Sept. 15, 2017. The real estate investment trust priced the notes at 99.71 percent of their face amount to yield 4.749 percent.
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Really? Case says it’s time to buy
Real estate news and views from around the globe that make you go, “Really?” SHILLER’S PARTNER: Karl Case, co-creator of the Case-Shiller home-price index, said in an op-ed piece that “buying a house now can make a lot of sense.” (N.Y....
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Real Estate Roundtable spent $930K lobbying in 2Q
(AP:WASHINGTON) The Real Estate Roundtable, which represents commercial property owners, spent $930,000 in the second quarter lobbying federal officials on issues including a proposal to raise taxes on real estate partnerships.
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Green Building: A Real Estate Revolution?
Green building now accounts for close to one-third of new U.S. construction. That's up from 2 percent in 2005, according to McGraw-Hill Construction, which tracks the industry. U.S. Green Building Council, and its LEED rating system, have changed construction practice -- and policy -- around the...
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