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Knight Frank Property Search now available on the App Store

by admin on March 3, 2010

From Cityscape Intelligence

03 Mar 2010 Knight Frank, the leading independent global property consultancy, today announced that its Knight Frank Property Search App is now available from the App Store. The app enables users to s…

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Knight Frank Property Search now available on the App Store

Video: Barratt Says Copper Prices May See `Sustained’ Gains: Video

by on February 28, 2010

March 1 (Bloomberg) — Jonathan Barratt, managing director at Commodity Broking Services Pty in Sydney, talks with Bloomberg’s Haslinda Amin about the outlook for commodities. Copper rose the most in 11 months after a magnitude 8.8 earthquake halted mines in Chile, cutting supplies from the world’s largest producer. (Source: Bloomberg)

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Video: Barratt Says Copper Prices May See `Sustained’ Gains: Video

Walking Away From Your Mortgage: When It’s OK To Move On

February 26, 2010

Millions of Americans are now deeply underwater on their mortgage. If you’re among them, you need to stop living in a dream world and give serious thought to walking away from the debt.

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The First Tee of West Virginia Names New State Director

February 26, 2010

BECKLEY, WV–(Marketwire – February 26, 2010) –  At the meeting of its board of directors this week, Mike Mays was introduced as the new executive director who will lead The First Tee of West Virginia (TFTWV). Mays, who just returned from the Eastern Regional meeting of The First Tee in St. Augustine, Fla., reported to the board on news and strategic direction from the parent organization.

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Bank Watch: Citizens First: Squeezing and Being Squeezed

February 24, 2010

In an attempt to hang on to every penny Citizens First Bancorp Inc., the Port Huron, MI-based holding company for CF Bancorp, has voluntarily delisted its common stock from the NASDAQ stock exchange. The decision to delist is part of the company’s…

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Well-Known Properties in Washington D.C. at Foreclosure Risk

February 19, 2010

A new report from the Congressional Oversight Panel cites another cause for concern in the real estate market – commercial real estate. The report, which concerns the government’s Troubled Asset Relief Program (TARP) has caused quite the flap over the

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Risky or Not, Lenders Slowly Opening Vaults to CRE Lending Again

February 17, 2010

Even as banking regulators and politicians deal with the fallout from the collapse of commercial real estate values and the subsequent impact on the banking systems, it appears that an increasing number of lenders are more inclined to jump back into the…

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Max Keiser: My Interview in Moscow on 99.6 FM Talking About Hank Paulson and Wall St. Scandals

February 17, 2010

Stacy and I were in Moscow last week recording the latest episode of the “Keiser Report” for Russia Today and we were interviewed on a local business radio show. Here’s the transcript . Here are two video clips from the interview. Here’s the show we shot in front of the Kremlin.

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Bill Clinton Taken to New York City Hospital for Procedure, ABC News Says

February 11, 2010

By Brad Skillman Feb. 11 (Bloomberg) — Former President Bill Clinton has been hospitalized in New York City, ABC News said in a statement. According to a press release from the local New York City affliate. Clinton underwent a procedure at Columbia Presbyterian Hospital.

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Big cities are small on happiness

February 4, 2010

cited by China News Service. The survey cited skyrocketing property price as a possible reason. The country’s real estate industry basked in rare prosperity in 2009, a recovery year from the financial crisis. Behind the booming mirage are clusters of

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Pali Capital Rumored To Have Just Now Lost Its Entire Distressed …

February 2, 2010

Unconfirmed rumors of a mass defection from the troubled investment boutique.

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House Subpoenas Fed Over AIG; Fed Repays Taxpayers $46 Billion

January 13, 2010

In dual developments that underscored the complex reality of stressful financial times, the Federal Reserve said Tuesday that it returned to taxpayers a record $46 billion in profit from its rescue of the financial system, while a congressional committee announced that it had subpoenaed controversial bailout documents from the central bank.

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Simoleon Sense » Blog Archive » Weekly Wisdom Roundup #59 (Weekly …

January 3, 2010

Distressed Debt Research – Tronox – Via Distressed Debt Investing – Every few months, I am going to take a recent submission from the Distressed Debt Investors Club and post it to the blog. This week, Tronox, a distressed debt situation …

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WordPress » Blog Archive » Distressed Debt Research – Tronox Inc.

January 2, 2010

Every few months, I am going to take a recent submission from the Distressed Debt Investors Club and post it to the blog. This week, Tronox, a distressed debt situation authored by member jnahas, will be presented. …

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WordPress » Blog Archive » Distressed Debt Research – Tronox Inc.

January 2, 2010

Every few months, I am going to take a recent submission from the Distressed Debt Investors Club and post it to the blog. This week, Tronox, a distressed debt situation authored by member jnahas, will be presented.

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San Francisco apartment buildings acquired by foreclosure

December 31, 2009

area are being acquired through the “loan to own” technique that is growing in popularity among buyers of distressed assets. Private equity firm Tribeca Cos. bought the defaulted debt from the lender UBS AG at 50 cents on the dollar. Now it is pressing

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NBA: Suns shine early to pull away from the Lakers

December 30, 2009

NBA: Suns shine early to pull away from the Lakers

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Kirkland & Ellis to Host GoldenNetworking.com's Distressed Investing Leaders Forum 2010

December 30, 2009

Kirkland & Ellis is generously hosting GoldenNetworking.com's upcoming Distressed Investing Leaders Forum 2010 (www. DistressedInvestingLeadersForum.com), 'Extraordinary Opportunities Investors Cannot Afford to Pass'. Lawyers from the firm led by Edwin

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Bank Watch: Imperial Capital – Not Big Enough to Not Let Fail

December 29, 2009

City National Bank acquired the banking operations of La Jolla, CA-based Imperial Capital Bank from the FDIC, after California regulators closed the $4 billion institution. City National is acquiring $3.4 billion in assets and $2.2 billion of deposits…

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ADIH Exits From Beirut Gate Fund

December 29, 2009

Abu Dhabi Investment House (Adih) yesterday announced its exit from the Beirut Gate Fund, which was used for the purchase, master-planning and full entitlements of eight plots of land as a mixed-use development within the Solidere area in downtown

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Organize your loan options with a spreadsheet (The Record and Herald News)

December 28, 2009

“Ask the Realtor” is a weekly column from the 3,500-member RealSource Association of Realtors, serving Northern New Jersey.

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Yankees Send Cabrera to Braves for Pitcher Vazquez, N.Y. Daily News Says

December 22, 2009

By Steven Fromm Dec. 22 (Bloomberg) — The New York Yankees have acquired pitcher Javier Vazquez from the Atlanta Braves for Melky Cabrera, Mike Dunn and another minor leaguer, the New York Daily News reported on its Web site, not saying how it obtained the information.

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RE/MAX Excel Realtor Earns New Certified Distressed Property Expert Designation

December 21, 2009

Ryan Crozier with RE/MAX Excel, REALTORS in Avon, IN earned his Certified Distressed Property Expert (CDPE) designation from the Distressed Property Institute, LLC offered through RE/MAX International. FOR IMMEDIATE RELEASE PR Log (Press Release) – Dec

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Video: Valley National’s Lipkin Told TARP Only for `Good’ Banks: Video

December 10, 2009

Dec. 10 (Bloomberg) — Gerald Lipkin, chief executive officer at Valley National Bancorp, talks with Bloomberg’s Pimm Fox about the bank’s reasons for taking funds from the Troubled Asset Relief Program. Lipkin also discusses Valley National’s performance amid the financial crisis and loan strategy. (Source: Bloomberg)

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STOCKS NEWS EUROPE-UK property shares fall on Dubai worries

November 26, 2009

UK property stocks fall on concerns Dubai’s debt problems will dampen prospects for Britain’s recovering commercial real estate market due to potential firesale by the emirate and lower investments from the Middle East. The Dubai government could

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Debt collection agency moving in Plymouth

November 16, 2009

IQor Inc., a call center and debt collection agency, is moving its Plymouth office into 48,700 square feet owned by the Carlson Real Estate Co. New York-based iQor will move more than 200 workers from the

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Commercial Real Estate Crisis: Was It Created By The Bailout?

November 16, 2009

In a pattern familiar from the housing crisis, the value of commercial real estate has been plunging while the volume of distressed commercial real-estate loans is rapidly rising. The problems in commercial real estate could slam financial institutions, especially smaller regional and community banks, with billions of dollars in new losses. That, in turn, could snuff out whatever chances we have of a sustained economic recovery.

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Commercial Real Estate Crisis: Was It Created By The Bailout?

November 16, 2009

In a pattern familiar from the housing crisis, the value of commercial real estate has been plunging while the volume of distressed commercial real-estate loans is rapidly rising. The problems in commercial real estate could slam financial institutions, especially smaller regional and community banks, with billions of dollars in new losses. That, in turn, could snuff out whatever chances we have of a sustained economic recovery.

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Broadridge Appoints Richard J. Haviland as Lead Director of Its Board of Directors

November 9, 2009

LAKE SUCCESS, NY–(Marketwire – November 9, 2009) – Broadridge Financial Solutions, Inc. ( NYSE : BR ) today announced the appointment of Richard J. Haviland as Lead Director of its Board of Directors effective immediately. Mr. Haviland has been a member of Broadridge’s Board of Directors from the time of Broadridge’s inception in 2007. Mr. Haviland is currently, and will continue to be, a member and the Chair of Broadridge’s Audit Committee and a member of its Compensation Committee.

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Bridge loans to your new house | Ecommerce Journal

November 4, 2009

That’s where bridge loans come in. Also known as swing loans , gap financing, or interim financing, they can help you bridge the gap between the sales price of your new dream house and new mortgage or the proceeds from the sale of your currently owned property. A bridge loan can be also granted to businesses. For example, you can take it to buy commercial property (like a store or a restaurant), ….. First Data created ATM network in Turkey with TEB-BNP Paribas …

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CapitaLand Malls Unit Seeks $2 Billion in Initial Stock Offer, E-Mail Says

November 1, 2009

By Philip Lagerkranser Nov. 2 (Bloomberg) — CapitaLand Ltd., Southeast Asia’s largest developer, is seeking S$2.78 billion ($1.98 billion) from the listing of its CapitaMalls Asia Ltd. unit. Some 1.165 billion shares were being offered at S$1.98 to S$2.39 apiece, according to e-mails sent to investors by sale arrangers Credit Suisse Group AG and Deutsche Bank AG.

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Robin Beale, Convicted Felon, Paid Millions In AIDS Contract

November 1, 2009

In 2005, Robin Beale was convicted in federal court for taking part in a local mortgage fraud scheme that bilked lenders out of hundreds of thousands of dollars. One year later, she landed a million-dollar consulting contract — from the District’s AIDS program.

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UK Study: Illegal Music Downloaders Also Spend The Most On Music

October 31, 2009

People who illegally download music from the internet also spend more money on music than anyone else, according to a new study.

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Video: Waldorf Says 2% of U.S. Marriages Start on EHarmony: Video

October 30, 2009

Oct. 30 (Bloomberg) — Gregory Waldorf, chief executive officer of eHarmony Inc., talks with Bloomberg’s Pimm Fox about the number of marriages resulting from the dating Web site. Waldorf also discusses eHarmony’s method of matching singles and the outlook for the company’s growth. (Source: Bloomberg)

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Denver fares better than nation in home resale prices

October 29, 2009

Thursday. According to First Americans LoanPerformance Home Price Index (HPI), metro Denvers average home-resale price including sales of distressed homes such as foreclosures and short sales decreased 1.44 percent in August from the same month of 2008.

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Denver fares better than nation in home resale prices

October 29, 2009

Thursday. According to First Americans LoanPerformance Home Price Index (HPI), metro Denvers average home-resale price including sales of distressed homes such as foreclosures and short sales decreased 1.44 percent in August from the same month of 2008.

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KinetiCast Adds to Its Business Development Team

October 29, 2009

COXSACKIE, NY–(Marketwire – October 29, 2009) – KinetiCast, provider of online presentation software for sales and marketing professionals, announces the hiring of Lily Alayne Fenestre, who will be responsible for business development. Fenestre will work specifically on lead development and nurturing activities, client communications and presentations, and managing sales and marketing initiatives. She recently received her Master of Business Administration from the University at Albany, New York and holds a Bachelor of Arts degree in Liberal Studies from the Vermont College of Norwich University, Montpelier, VT.

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KinetiCast Adds to Its Business Development Team

October 29, 2009

COXSACKIE, NY–(Marketwire – October 29, 2009) – KinetiCast, provider of online presentation software for sales and marketing professionals, announces the hiring of Lily Alayne Fenestre, who will be responsible for business development. Fenestre will work specifically on lead development and nurturing activities, client communications and presentations, and managing sales and marketing initiatives. She recently received her Master of Business Administration from the University at Albany, New York and holds a Bachelor of Arts degree in Liberal Studies from the Vermont College of Norwich University, Montpelier, VT.

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Integra Bank Corporation Reports Third Quarter 2009 Results

October 29, 2009

The increase resulted from the sale of securities and reinvestment of those funds into lower risk-weighted assets, the sale of loans to the Bank of Kentucky, other declines in loan balances, and capital infusions from the Company of $9.9 million, partially offset by the … Integra executive management will hold a conference call to discuss the contents of this news release, business highlights and its financial outlook on, Thursday, October 29, 2009, at 10:00 a.m. CT. …

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"Showdown In Chicago": Monitor The Latest Via Twitter!

October 26, 2009

As we reported, the American Bankers Association annual convention in Chicago continue to draw significant protests. As the events proceed, we’ve been monitoring the events at the scene on Twitter. Below, we’ve included a collection of Tweets from protest participants, organizers and people on the scene. Check back for breaking reports from the event.

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Video: FDA Gives BioCryst A Boost

October 26, 2009

Comments from the FDA give a big boost to one swine flu drug in pre-market trading. (Bloomberg News)

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Frank Rich: Goldman Can Spare You A Dime

October 17, 2009

As leader of the Wall Street pack, Goldman declared surging profits, keeping it on track to dispense a record $23 billion in bonuses for 2009. But most Americans know all too well that only the intervention of billions of dollars in taxpayer bailout money saved Goldman from the dire fate of its less well-connected competitors. The growing ranks of under-and-unemployed Americans, meanwhile, are waiting with increasing desperation for a recovery of their own.

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Video: Olympia Snowe’s Yes To Health Care Bill

October 16, 2009

Analysis and discussion with Senator Jay Rockefeller; The Senate Finance committee is very conservative and all the Republicans voted no from the very beginning. (Political Capital)

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Few Winning Office Markets Found in the Third Quarter

October 13, 2009

The U.S. office market ended the third quarter of 2009 with a vacancy rate of 13%. The vacancy rate was up 40 basis points from the previous quarter of 12.6%. CoStar Group tracks both available and vacant space and the discrepancy between the two has…

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Charlotte Lake Norman Homes, Info and Real Estate: The Most Toxic …

October 11, 2009

Another interesting point made by the Fed presentation is that while commercial real estate is continuing to decline, the reason for the drop is shifting. Up until now, values have dropped about 30% from the peak primarily because of …

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Real estate: First-time homebuyer tax credit slows sales decline (The Fort Collins Coloradoan)

October 11, 2009

Local real estate sales for September came within an inch of matching last year’s sales and, while down 17.5 percent from August, this is a big improvement from the 26 percent drop comparing the same two months in 2008. The average selling price of $243,069 was off 8.1 percent from last year but improved 6.9 percent from the previous month. Results for the third quarter are much improved over …

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Real estate: First-time homebuyer tax credit slows sales decline (The Fort Collins Coloradoan)

October 11, 2009

Local real estate sales for September came within an inch of matching last year’s sales and, while down 17.5 percent from August, this is a big improvement from the 26 percent drop comparing the same two months in 2008. The average selling price of $243,069 was off 8.1 percent from last year but improved 6.9 percent from the previous month. Results for the third quarter are much improved over …

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Is Tampa Commercial Real Estate Market in REALLY Bad Shape …

October 7, 2009

Vacant Tampa Commercial Real Estate . Excerpt from the Tampa Tribune: …..All told, Tampa ranks 46th out of 65 metro areas by highest rate of distressed commercial property, factoring in the size of each market. Las Vegas ranked first, …

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Real Estate Titans Gather, Express Commercial Confidence (The New York Observer)

October 7, 2009

Amid increasingly apocalyptic prophecies about the fate of  New York’s commercial property market, more than a dozen “Masters of Real Estate” convened at the Metropolitan Club on Tuesday for an eponymous conference hosted by The Observer devoted to making sense of the market’s troubles. The major players appear to have emerged from the recessionary trenches leaner, shell-shocked, and hungry for …

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Greece’s Karamanlis Concedes Defeat to Papandreou in National Elections

October 4, 2009

By Maria Petrakis Oct. 4 (Bloomberg) — Greece’s Prime Minister Kostas Karamanlis conceded his party’s defeat in elections today, according to an e-mailed statement from the New Democracy party. Karamanlis called Socialist leader George Papandreou at 10 p.m. today and congratulated him on his party’s victory and wished him luck, according to the statement.

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