Real Estate News


Simon Property Group profit hits $152M

A strengthening retail sector helped Simon Property Group post a jump in profit and funds from operations in the second quarter.


$1 million houses in area sell quickly

Though home sales remain down over 20 percent from the nation's peak in 2005, one housing niche in the Toledo area does seem to be bucking the trend: homes priced over $1 million.


Nebraska Housing Summit set for Aug. 4 in Kearney

The 2010 Build Nebraska Housing Summit is aimed at helping people who are interested in affordable housing.


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A trusting real estate agent got more than he bargained for when he tried to help a stranger.


Realtor attacked in brazen daytime robbery

A trusting real estate agent got more than he bargained for when he tried to help a stranger.


Glimcher offering raises $96M after costs

Real estate investment trust Glimcher Realty Trust said Friday a recently completed public offering of 16.1 million common shares generated about $96 million, after commissions, discounts and expenses.


National real estate group forecasts 11% slide in listings for Alberta

The Canadian Real Estate Association has revised its forecast downward for MLS residential sales activity but elevated its average price forecast at the national level.


Most actively traded companies on the TSX, TSX Venture Exchange markets

Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange : Osisko Mining Corp.


Brookfield Homes in merger talks with Carma

Brookfield Homes Corp. said Friday it's discussing a possible merger with Carma Developers LP, the North American residential and housing division of Brookfield Properties Corp.


Financial Stocks: Genworth falls 15%, drags financials down

U.S. financial sector stocks toggled between gains and losses Friday as investor parsed second-quarter gross domestic product data and an index of Midwestern manufacturing strength.


Judge blocks changes in Neb. real estate industry

A federal judge has temporarily blocked enforcement of new rules governing Nebraska's real estate industry.


Lennar SW Reports Brisk Sales of Manor and Estate Homes at Hampton Park in Gateway in Fort Myers

FORT MYERS - Lennar reports it has seen strong sales of Manor and Estate Homes since opening its Welcome Home Center at Hampton Park at Gateway, located three miles east of I-75 off S.R. 82 and Colonial Blvd. on Avalon Lake Circle in Fort Myers. Matt Devereaux, director of sales for Lennar's Southwest Florida Division, said new three, four and five-bedroom Manor and Estate Homes at Hampton Park at Gateway range from 2,272 square feet of living space to 3,800 square feet, priced from the low $200s. Hampton Park at Gateway features its own Sports and Social Club, which includes a state-of-the-art fitness center, billiards room, and resort style swimming pool along with a large social room for parties and an outdoor pavilion with barbeque grills and fireplace. Gateway Golf and Country Club features the Tom Fazio-designed 18 hole, par 72 championship golf course that ranks among Florida's best, a tennis facility with lighted Har-Tru clay and Deco Turf courts, and a magnificent clubhouse with golf and tennis pro shops, locker rooms, cards rooms, and The Griffin Room, which offers fine dining or alfresco service. www.Lennar.com





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