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For the Brave, the Moment Is Now Spurred by falling real estate prices and low mortgage rates, first-time buyers are cracking open the piggy bank earlier than planned. Traffic at open houses has stepped up. New York TimesThe Water Cooler * With the rise of litigants acting on their own without lawyers, the work of the Personal Support Unit (the advice bureau in the Royal Courts of Justice) is more crucial than ever. So the unit has done well to be selected as the charity of choice for BBC Radio 4's appeal. In a programme about its work on Sunday night, Lord Woolf, the former Lord Chief Justice, said: "As a judge I saw far too often in front of me struggling, frightened litigants on their own. Sadly, a judge can give only so much advice and help. I know, despite my best efforts, they would often go home believing that justice had not been done." Times onlineHFF Closes `Special Assets` Sales and Recapitalization Solutions for Commercial Real Estate Assets Held by Financial Institutions (Business Wire) CHICAGO----HFF announced today that it has recently consummated the sale and/or recapitalization of a number of under-performing and financially challenged commercial real estate loans, properties and REO on behalf of several financial institutions. yahoo.comBuying Property in Thailand - Wait - No recovery until 2011 Thailand's property market is unlikely to recover from the current slowdown until 2011, according to Aliwassa Pathnadabutr, managing director of real estate advisers CB Richard Ellis Thailand. (...) International Property InvestmentCalloway Real Estate Investment Trust: Calloway Real Estate Investment Trust Declares January 2009 Distribution TORONTO, ONTARIO (MARKET WIRE) Calloway REIT (TSX: CWT.UN)(TSX: CWT.DB)(TSX: CWT.DB.A) announced today that the trustees of the REIT have declared a distribution for the month of January 2009 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on February 17, 2009 to unitholders of record on January 30, 2009. Market WireAllied Properties Real Estate Investment Trust: Allied Properties Real Estate Investment Trust Announces January Distribution TORONTO, ONTARIO (MARKET WIRE) Allied Properties REIT (TSX: AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.11 per unit for the month of January, 2009, representing $1.32 per unit on an annualized basis. The distribution will be payable on February 16, 2009, to unitholders of record as at January 30, 2009. The REIT has 31,290,165 units issued and outstanding. Market WireDelucchi Plus: Delucchi+ Welcomes New Hire to Its Digital Services Group and Announces Agency Promotions WASHINGTON, DC (MARKET WIRE) In a statement issued today, Christine L. Delucchi, President of Delucchi+ (www.delucchiplus.com), an innovative, full-service, strategic real estate marketing firm located in Washington, D.C., announced that Christina Clapp has joined the agency as its Digital Marketing Specialist; Jaime Hannan has been promoted to Account services Supervisor; and Tyler Jeffrey has been promoted to Media Buyer|Planner. Marketwire.comHome Prices Tumble 35% in Southern California LOS ANGELES (Xinhua) -- Home prices went down 35 percent last December in Southern California, one of the regions having the highest home prices in the nation, a real estate research firm said on Monday.... Hispanic BusinessCapital Gains Tax and Exchange Rate Double Whammy for British Overseas Investors Take Tax Advice when selling holiday homesPKF Accountants have ussued a warning to British overseas property investors regarding the current capital gains tax rules in the UK. (...) International Property InvestmentDelucchi+ Welcomes New Hire to Its Digital Services Group and Announces Agency Promotions strategic real estate marketing firm located in Washington, D.C., announced that Christina Clapp has joined the agency as its Digital Marketing Specialist; Jaime Hannan has been promoted to Account... Big News Network1 2 |
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