Portland, Ore.-based Guardian Management LLC (Guardian), in conjunction with the Oregon Public Health Division, surveyed residents at 17 of its federally-subsidized rental communities in the Portland-Metro area regarding its no smoking policy and found a majority of the respondents are satisfied with the ban while also experiencing a reduction in second-hand-smoke exposure. Guardian’s no smoking [...]

Oman International Trade & Exhibitions, leading organizer of exhibitions, conferences and events today announced its 3rd property and real estate exhibition, the International Property Exhibition (IPE) from the 15th to 17th April, 2008. Scheduled to be held at the Oman International Exhibition Centre, this three day event will showcase a full spectrum of services in [...]

Starwood Capital Group today announced that the recently launched “1” Hotel and Residences, the world’s first luxury, eco-friendly global hotel brand, will open New York City’s first five-star green hotel on West 40th Street in Manhattan, across from Bryant Park. The “1” Hotel and Residences will be part of a proposed 31-story mixed-use green tower [...]

The Condo Hotel concept is attractive to many who are interested in investing their hard earned pennies in real estate. One type of condotel purchaser is someone seeking a vacation place, but due to the limited amount of time they anticipate being able to spend there, buying a traditional condominium would not seem an economically [...]

Salhia Real Estate has announced recently its achievements and expansion plans in a recent assembly meeting, following results of fiscal year 2006 performance.
Mr. Ghazi Fahad Alnafisi, Chairman and Managing Director, said the end of the fiscal year 2006 announced the expansion in the scale of the company projects, which became bigger than before in the [...]

One of the big advantages to owning income-producing real estate is the effect that small rent increases have on your net worth. Net worth is simply the difference between the value of what you own and the amount of money you owe on it. Since the value of investment real estate is directly related to [...]

JER Investors Trust Inc. announced that it will release fourth quarter financial results for the period ended December 31, 2006 on Friday, February 23, 2007 prior to the market opening.
In addition, management will host an earnings conference call on Friday, February 23, 2007 at 11:00 A.M. eastern standard time. A copy of the earnings release [...]

Lexington Realty Trust, a real estate investment trust (REIT) focused on single-tenant real estate investments, announced it has priced its public offering of 6.0 million shares of 7.55% Series D Cumulative Redeemable Preferred Stock at a price of $25.00 per share. Net proceeds from the offering are expected to be $145.0 million, after underwriters’ discounts [...]

An offshoot of investment giant TIAA-CREF has cashed in on a plum Boca Raton holding, netting $59.4 million for its One Town Center Road office building and garage.
MetLife Inc.’s Metropolitan Tower Life Insurance Co. subsidiary is the buyer.
The roughly 14 acres at One Town Center Road feature 200,858 square feet of office space, a 156,128-square-foot [...]

In 2007, Charlotte is expected to rank among the top 10 cities for job growth, enabling apartment owners to raise rents by an average 3 percent.
According to Marcus & Millichap Real Estate Investment Brokerage Co.’s 2007 National Apartment Report, employment in the Queen City is expected to increase 1.6 percent with the addition of [...]

TAIB Bank B.S.C.(c), the Bahrain-based private bank, today announced the incorporation of Acacia Real Estate Limited, BVI, (’ACACIA’), a new US$ 500 million company that will provide a diverse range of conventional and Shariah-compliant investments focused on income generating properties and select development projects.
The company will start with an initial paid-up capital of US$ 150 [...]

Sam Zell, Chicago real estate magnate, has faith in the city’s long-term economic prospects and he still invests in property. But while he’s known as the nation’s largest office landlord, throughout his career he’s been even more entranced by other prospects, and these days he is captivated by compressors, wineries and financial opportunities in [...]