Posts Tagged ‘real estate’

Smart new design book goes beyond the pales

I reluctantly listened to my Realtor and painted over the purple walls and carpeted the magenta floor. I reduced my house to a monochromatic sea of beige to appease potential buyers. I wasn’t happy about it, and in a fit of acquiescent rebellion chose a nondescript color called “Pathos.” It defined my feelings about the [...]

Sunday, March 25th, 2007 In General News

Home-sale scam leads to charges

ANTIOCH – Three real estate professionals suspected of using a client’s credit report to buy a $739,000 Brentwood home and pocket the $30,000 commission were released on bail, the Alameda County Sheriff’s Office reported Friday.
Charges of forgery, grand theft, identity theft, falsifying real estate documents and conspiracy were filed in Contra Costa County against Monika [...]

Sunday, March 25th, 2007 In General News

Hill International Receives Contract to Manage Construction of 73-Story Bin Samikh Tower in Doha

Hill International (Nasdaq:HINT), the worldwide construction consulting firm, announced today that it has received a contract from Tanmiyat Real Estate Co. to provide project management services during the construction of Bin Samikh Tower in Doha, Qatar. The 2-year contract has an estimated value to Hill of approximately QR9.0 million ($2.5 million).
The 73-story skyscraper will feature [...]

Tuesday, March 20th, 2007 In General News

Emaar wins Dubai Quality Award

Emaar Properties has strengthened its premier position as a role model for real estate developers by winning the coveted Dubai Quality Award for its commitment to quality and service excellence.
The Dubai Quality Award is an initiative by the Dubai Department of Economic Development to further build a business culture based on quality. Independent assessors review [...]

Thursday, March 15th, 2007 In General News

IRMI Launches Two New Construction Risk Seminars

Dallas, TX – International Risk Management Institute, Inc. (IRMI), announced the inception of two new seminar series to debut this Spring: Construction Defect Risk Management and Insurance and Wrap-Ups: Avoiding the Pitfalls. Construction Defect Risk Management and Insurance is designed to help developers, contractors, and their insurance agents, brokers, and underwriters successfully manage construction defect [...]

Tuesday, March 6th, 2007 In General News

Dubaiites say quality of life compromised by construction boom

In its half yearly survey of public opinion on Dubai’s real estate sector, DSL Exhibitions – organizers of the Resale & Rental (R&R) Property Show, due to be held in Dubai on 13th and 14th April 2007 at Crowne Plaza Dubai – have found residents of the city uniformly concerned with the drastic drop in [...]

Tuesday, March 6th, 2007 In General News

$112 Million Construction/Permanent Loan Arranged by HFF Exclusively on Behalf of American Pharmacists Association

The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged a $112 million construction/permanent loan exclusively on behalf of American Pharmacists Association for the renovation of the historic Pope Building and the development of a new six-story office building totaling 244,422-square-feet in Washington, D.C.
HFF senior managing directors Bill Asbill and Bob Donhauser along [...]

Friday, March 2nd, 2007 In Construction Loan

Construction to start on Thompson block

Some residents look at the northeast corner of River and Cross streets and see a big, baby blue eyesore; others see potential.
Stewart Beal, president of Beal Properties, said restoration to the Thompson Building will be complete by May 1, 2008. He unveiled plans last week, to a 150-member audience, to restore the building.
“The loft residents [...]

Friday, March 2nd, 2007 In Construction Loan

American Skiing Uses Steamboat Sale to Retire Debt

Park City, UT – In conjunction with today’s completion of the adjusted $239.1 million sale of its Steamboat Ski & Resort Corporation in Colorado to Intrawest Holdings S.A.R.L. and its affiliated company, Steamboat Acquisition Corp., American Skiing Company (ASC) today permanently repaid all outstanding obligations under portions of its Senior Credit Facility. This includes the [...]

Friday, March 2nd, 2007 In Construction Loan

CNCE & Nexity continue discussions

France’s leading developer of residential and corporate real estate, Nexity and the Caisse Nationale des Caisses d’Epargne have signed a letter opening exclusive negotiations in order to continue discussions for the creation of a real estate leader, encompassing real estate development activities, real estate services activities, the holding of real estate assets in a portfolio [...]

Thursday, February 15th, 2007 In Architecture, General News

Sparkassen Immobilien and ECE to invest EUR 180m in Shopping- and Office Center in Sofia

Sparkassen Immobilien and ECE to invest EUR 180m in Shopping- and Office Center in Sofia
*Construction permit issued for Serdika Center
*Investment volume: EUR 180m
* 200 stores – 2000 new jobs
Vienna stock listed Sparkassen Immobilien AG, the real estate investment company of Erste Bank is developing together with ECE Projektmanagement, Hamburg, the European market leader for shopping [...]

Thursday, February 15th, 2007 In General News

Architect floats idea for 2nd Ave.

Scott McCallister owns the entire 400 block of East Second Avenue, and he has decided to develop the entire block in one project. Architect R. Michael Bell told the Design Review Board the building would be a “test” of the new Second Avenue Character District design guidelines.
“We haven’t traditionally seen whole block faces redeveloped [...]

Wednesday, February 14th, 2007 In Architecture, General News