Real Estate Bank appoints NBAD to offer financing options for premium residential project (Mena Report)
January 21, 2008
Real Estate Bank, the government-owned entity specialised in facilitating real estate credit for establishments and government organisations in the UAE, has signed a partnership agreement with National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, to provide financing options for Al Maha Tower in Abu Dhabi.
Foreclosure sales in Milwaukee County rising fast, data shows (WKBT La Crosse)
January 21, 2008
MILWAUKEE (AP) - There are already 1,000 foreclosure sales scheduled for the first nine weeks of the year in Milwaukee County. That’s on track to easily outpace last year’s 2,800 scheduled sales.
Eqarat.com launches Jordan operations into the booming real estate market (Mena Report)
January 21, 2008
Eqarat.com, a leading total solutions provider to the real estate sector, has announced the launch of its operations in Jordan through an initial investment of AED 5.5 million for the infrastructure and set up of its operations, in a bid to tap into the country’s burgeoning real estate sector, which is currently valued at JD4.03 billion (AED 20.9 million).
Foreclosure sales in Milwaukee County rising fast, data shows (WBAY Green Bay)
January 21, 2008
Associated Press - January 21, 2008 11:35 AM ET MILWAUKEE (AP) - There are already 1,000 foreclosure sales scheduled for the first nine weeks of the year in Milwaukee County.
Homeowners in Alleged Foreclosure Scam Get Settlements (WJLA-TV Washington D.C.)
January 21, 2008
Five D.C. residents have reached a settlement and regained ownership of their homes after a three-year legal battle over an alleged foreclosure rescue scam.
GIC Real Estate to pay $233 mln for stake in PIK project (Interfax)
January 21, 2008
MOSCOW. Jan 21 (Interfax) - GIC Real Estate - the development arm of the Government of Singapore Investment Corporation - will pay $233 million for a 25% interest in a project by Russia’s PIK Group to build a major residential complex in Mytischy, just outside Moscow, according to a signed agreement, PIK said in a statement.
Bidders must do background work in sheriff’s sales (Milwaukee Journal Sentinel)
January 21, 2008
So just how do sheriff’s foreclosure sales work? Here’s a primer. A bank foreclosure can occur when mortgage…
Kenya: Country Loses Shs 100b in Real Estate Alone (AllAfrica.com)
January 21, 2008
The highest loss reports following unrest in Kenya has been noted in the real estate sector where a whooping Sh100 billion could have been lost.
Payday lending adds to Cleveland foreclosure woes (CNNMoney.com via Yahoo! Finance)
January 21, 2008
At the East Side Organizing Project in Cleveland, six home owners recently went in for group foreclosure counseling. When asked if any had taken out payday loans, four hands shot up.
GE May Bid for Spanish Real Estate Company Colonial (Update3) (Bloomberg.com)
January 21, 2008
Jan. 21 (Bloomberg) — General Electric Co. may bid for Inmobiliaria Colonial SA, the Spanish real estate company that’s lost about 60 percent of its market value in six months.
