Real Estate News

Title: Brookfield Wagers on D.C.
Link: http://online.wsj.com/article/SB10001424052748704688604575126080670786928.html?mod=residential_real_estate
Date : Wed, 17 Mar 2010 10:39:01 EDT
Brookfield Properties is eyeing a collection of about 20 buildings in or near Washington that fell into default last summer.

Title: Developers Back Off Harlem Plans
Link: http://online.wsj.com/article/SB10001424052748704688604575125980865724828.html?mod=residential_real_estate
Date : Tue, 16 Mar 2010 23:22:05 EDT
Kimco Realty is the latest real-estate developer to consider pulling out of a project in the predominantly African-American and Hispanic community in upper Manhattan.

Title: Westbrook Swoops In to Aid Millennium
Link: http://online.wsj.com/article/SB10001424052748704688604575125961444573320.html?mod=residential_real_estate
Date : Tue, 16 Mar 2010 23:21:17 EDT
The deal saved the Four Seasons San Francisco from possible foreclosure. Westbrook also got controlling stakes in Millennium's Four Seasons Miami and Ritz-Carlton Boston.

Title: Extended Stay Switches Bedfellows
Link: http://online.wsj.com/article/SB10001424052748704743404575127702286318926.html?mod=residential_real_estate
Date : Thu, 18 Mar 2010 09:31:39 EDT
Barry Sternlicht, best known for founding boutique W Hotels, has persuaded Extended Stay to spurn its other suitors and back his bid to take the hotel chain out of bankruptcy-court protection.

Title: Hong Kong Lowers Threshold for Property Sales
Link: http://online.wsj.com/article/SB10001424052748704059004575127534112450248.html?mod=residential_real_estate
Date : Wed, 17 Mar 2010 13:10:57 EDT
Lawmakers approved a measure that will force holdout owners to sell apartments to a developer that buys at least 80% of a building's units. The new rule is expected to put prime real estate in play for development.

Title: Simon Readies New Bid for GGP
Link: http://online.wsj.com/article/SB10001424052748704688604575125973856720834.html?mod=residential_real_estate
Date : Wed, 17 Mar 2010 07:16:02 EDT
Simon Property is readying a sweetened takeover bid for bankrupt rival General Growth that would top an offer on the table from several General Growth investors.

Title: Bankers Exit CBRE for Jones Lang LaSalle
Link: http://online.wsj.com/article/SB10001424052748704688604575126092780011612.html?mod=residential_real_estate
Date : Tue, 16 Mar 2010 19:31:22 EDT
Jones Lang LaSalle, a global commercial-real-estate services company, hired away a team of bankers from industry leader CB Richard Ellis Group.

I don't know if you do this for everyone or not, but you sure went the extra Mile for us! The value that we got for our home is just unbelievable. You definitely have an eye for the cutest/nicest looking homes on the block. Five years later we're still getting compliments from people.

Rispectfully,

Henrik Ghaloostian
Business Owner