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A rash of initial public offerings this month from companies backed by influential investment firms including Apollo Global Management is targeting the stressed commercial real-estate market.

Companies are jumping back into mortgage securities, but they may regret their moves

Bay Area home sales bucked the seasonal norm and fell last month from July though they remained higher than a year ago for the 12th consecutive month, a real estate information service reported Thursday

NEW YORK, NY--(Marketwire - September 17, 2009) - Bernstein Liebhard filed an action (the 'SRS Action') on behalf of investors (the 'Class') in ProShares Ultrashort Real Estate ProShares Fund ('ProShares SRS') on August 27, 2009. In addition to filing claims concerning ProShares SRS (NYSE: SRS), Bernstein Liebhard is also looking into claims on behalf of investors in ProShares Trust ('ProShares') leveraged funds (the 'Funds') (see list below), such as whether ProShares failed to disclose in its registration statements: (i) that if shares of the Funds were held for a time period longer than one day, the likelihood of massive losses was huge; and (ii) the extent to which performance of the Funds would invariably diverge from the performance of the benchmark.

Court Filings Show Michael Jackson's Mother, Children Receiving $86,204 Per Month From Estate

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2009) - The Brookfield Real Estate Services Fund (TSX:BRE.UN) today declared a cash distribution of $0.117 per unit for the month of September 2009, payable October 30, 2009 to unitholders of record on September 30, 2009. About the Brookfield Real Estate Services Fund The Fund is a leading provider of services to residential real estate REALTORS(R)(1). The Fund generates cash flow from franchise royalties and service fees derived from a national network of real estate brokers and agents in Canada operating under the Royal LePage, La Capitale Real Estate Network and Johnston & Daniel brand names. At June 30, 2009, the Fund Network was comprised of 14,618 REALTORS(R). The Fund Network has an approximate 22% share of the Canadian residential resale real estate market based on transactional dollar volume. The Fund is a TSX listed income trust, which pays monthly distributions and trades under the symbol 'BRE.UN'. The Fund's website address is

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2009) - /T/ Company / Compagnie: Chartwell Seniors Housing Real Estate Investment Trust TSX Symbol / Symbole: CSH.UN (all issues) Reason / Motif: Pending News Halt Time (ET) / Heure de l'Arret: 4:19 PM ET /T/

A former Las Vegas real-estate agent has pleaded not guilty to 10 criminal charges in connection with his involvement in what appears to be Utah's largest ever financial fraud.

The Abu Dhabi Securities Exchange General Index (ADXGI) closed at 3,100.05 points (up 1.59%) amid bullish real estate shares. The resignation of Sorouh Real Estate's CEO Mounir Haidar did not stop the developer of projects like Shams Abu Dhabi or Lulu Island did not prevent the firm from gaining 6.98% (closing at Dhs3.87). Abubaker Al Khouri will continue to lead the company as Managing Director. Today, Fitch Ratings has affirmed Abu Dhabi's 'AA' rating with a stable outlook. However, Fitch added that the emirate's state-linked companies may need government help to service their debt as they borrowed $18bn from global capital markets to fund their expansion and acquisitions, Bloomberg has reported.

Court Filings Show Michael Jackson's Mother, Children Receiving $86,204 Per Month From Estate