Real estate industry
Leader Realty, a Memphis, Tennessee-based real estate brokerage agency, has chosen Lasso Data Systems' CRM (Customer Relationship Management) system for its sales and marketing efforts. The agency, which represents two highly respected home builders in the mid-south, Leader Five Star Homes and Regency Homebuilders, aims to leverage technology to
Real estate industry
In August, Spectrum Commercial Lending, Inc. assisted their clients in securing funding for over $20 million worth of commercial real estate projects. The majority of these transactions utilized the Small Business Administration (SBA) 504 loan program. Spectrum's clients were able to purchase properties in various locations, including the
Real estate industry
A conference on the future of housing finance brought together experts to discuss the redesign of housing finance reform and its impact on broader financial markets. Treasury Secretary Timothy Geithner moderated the panel, which included Susan Wachter, Richard B. Worley, Ingrid Gould Ellen, Mark Morial, Barbara Desoer, and Bill Gross.
Real estate industry
The August 17, 2010, panel discussion on housing finance reform and broader financial markets at the Treasury Department highlighted the complexities and challenges of designing a new system. The panelists, including Treasury Secretary Timothy Geithner, Mark Morial, President and CEO of the National Urban League, and Barbara Desoer, President of
Real estate industry
Developers Diversified Realty Corporation, a leading owner and manager of shopping centers in the United States and Latin America, has announced the completion of ten leases with KB Importadora and EGO Vanity Shoes for their first locations in Puerto Rico at five of the company's shopping centers. KB
Real estate industry
HUD announced charges against a Chicago couple, their real estate agent, and a real estate broker for allegedly refusing to sell a home listed for $1.799 million to a black couple due to their race, in violation of the Fair Housing Act. The charge alleges that the couple, Daniel
Real estate industry
Duke Realty Corporation, a leading industrial and office property REIT, announced its second quarter 2010 results, showcasing solid operating performance and a strategic focus on repositioning its portfolio. The company's chairman and chief executive officer, Dennis D. Oklak, highlighted the acquisition of quality industrial assets as a significant
Real estate industry
Davao City, known for its vibrant ecosystem, has taken a significant step towards environmental protection with the launch of the Davao Green campaign. The campaign, initiated by the Chamber of Real Estate and Builders' Association (CREBA), aims to promote green development, green energy, and green technology in the city&
Real estate industry
Realty Income Corporation, a leading real estate company specializing in net-leased properties, has declared a common stock dividend of $0.143625 per share, payable to shareholders of record as of August 2, 2010. The dividend represents an annualized amount of $1.7235 per share and marks the 481st consecutive monthly
Real estate industry
A consortium led by Kumho Investment Bank is poised to reap significant profits from the sale of a high-profile building in New York City. The group has secured a deal to sell one of the two former AIG headquarters buildings, known as 72 Wall, to Deutsche Bank for $60 million,
Real estate industry
Indian diamond jewelry player Gitanjali Group, which has recently ventured into the real estate sector, expects significant revenue from its luxury residential and commercial projects in suburban Mumbai. The company, through its subsidiary Gitanjali Infratech, is developing a total of 8 lakh sq ft of land, which includes a luxury
Real estate industry
A previously unfamiliar practice in the commercial real estate market is now appearing in the residential sector, as distressed homeowners face an unexpected threat: auctions of their nonperforming home mortgages. The wife of a Painesville family was shocked to learn that her $248,676 loan on their 2004 Colonial was
