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UDR to begin offering of 13.5 million shares

(AP:DENVER) Real estate investment trust UDR Inc. said Tuesday it plans to launch an underwritten public offering of 13.5 million shares of common stock.  


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.  


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.  


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.  


AP analysis: Economic pain failed to ease in July

Americans' economic struggles persisted in July, largely unchanged from the previous month, according to The Associated Press' monthly analysis of conditions around the country.  


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.  


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.  


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....  


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.  


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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