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real estate News Archive 05-Aug-2009

Move to buy bad real estate loans of banks a positive step: Experts (The Peninsula)DOHA: The government?s move to buy bad real estate loans of Qatari banks is a positive step, but its management must be entrusted with a professional management company experienced in handling real estate financing or things could worsen, bankers and real estate experts have warned.

REAL ESTATE (St. Petersburg Times)Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms.

Real estate agent stole $66,000 to gamble (Stuff)A former high-flying businessman has narrowly escaped jail after being brought to his knees by a gambling addiction. Paul Romanos was a well-known real estate agent with an office in Lambton Quay, but yesterday he walked out of Wellington District Court a shamed man.

Govt may buy bad real estate loans (The Peninsula)DOHA: Qatari banks have been asked to provide details of their bad or doubtful real estate loans to the regulator, the Qatar Central Bank (QCB), which has been entrusted with disbursing the state?s real estate package worth QR15bn among them.

Jailed Real Estate Developer Indicted in Mortgage Fraud (NBC New York)A Long Island real estate developer already convicted of laundering bribes to a former congressman was indicted along with eight others in a $90 million mortgage fraud scheme, federal prosecutors said...

Helical upbeat over real estate opportunities (Financial Times)Helical Bar , the property developer, said it was well placed to take advantage of opportunities in the distressed real estate market in spite of having to wipe a fifth off its net asset value over the past year.

REAL ESTATE CATALOGUE (St. Petersburg Times)In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more!

Gambling addicted real estate agent sentenced (NZPA via Yahoo!Xtra News)A Wellington real estate agent who stole $66,000 from a body corporate he administered to fund his gambling addiction has narrowly escaped a prison sentence.

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