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New York Real Estate News 9/21/09

September 21st, 2009

Distressed real estate IPOs carry big timing risk

Mon Sep 21, 2009 2:38pm EDT
By Phil Wahba and Nick Zieminski - Analysis

NEW YORK (Reuters) - Three companies backed by major investment firms plan initial public offerings this week to take advantage of distressed commercial real estate, but they face stiff competition and major risks if the market takes a long time to recover.

Apollo Commercial Real Estate Finance (ARI.N), backed by Leon Black’s private equity firm, Colony Financial Inc (CLNY.N), and AllianceBernstein’s (AB.N) Foursquare Capital Corp (FSQR.N) are collectively looking to raise $1.4 billion in IPOs set to price and debut this week.

The dislocation in the real estate and commercial mortgage backed securities (CMBS) markets has prompted several top investment firms this year to create REITS that will buy up, manage and originate commercial real estate loans.

But the funds face the risk that the space is getting increasingly crowded with many investors, including hedge funds, private equity firms and other asset managers, starting funds for distressed real estate investment.

The Article continues www.reuters.com.

Author: admin Categories: Real Estate News Tags:

June Stark - Las Vegas Featured Agent

August 20th, 2009

June StarkJune Stark works for Ezra International Realty in Las Vegas, NEVADA.

June Stark is an expert with local real estate and is more than happy to show you properties or provide lists of available properties that meet your criteria. Also, agent is available to represent buyers and sellers in transactions.

You can contact agent by calling 702-376-5220 or email.
Now is one of the best times in history to search and buy real estate. Financing rates are great and it is easy for you to get pre-qualified and learn available Financing Programs.

The Stark Team-Leading Las Vegas Luxury Real Estate Agents- Vegas Strip Area Condominiums to Luxury Estates - Foreclosure Specialists!

Las Vegas High Rises Condos are Redefining Las Vegas Strip Real Estate as we know it!

Looking for THE BEST BARGAIN and foreclosure prices in the new luxury high rise condominiums on the strip, Las Vegas hotel-condos sales info, lofts and penthouses at ROCK BOTTOM PRICES?

Luxury Condo deals & high rise condo foreclosures exist in Las Vegas Luxury Real Estate, but our market is a very brisk one. As of July 2009, there are over 12,000 homes and condos in escrow in the GLVAR MLS and many well priced foreclosures are receiving multiple offers. We specialize in representing buyers in the purchase of foreclosure listings in Las Vegas and Henderson and know the ins and outs of getting our clients the best values in bank owned REO properties.

With a proven track record, June, Lauren & Travis are top-selling Las Vegas Luxury High Condo real estate agents and offer their national & international clientele expertise in scoping out the best Las Vegas luxury real estate foreclosed bank owned repos in strip area condos and lofts and luxury homes in the Anthem, Summerlin, Green Valley and Lake Las Vegas areas. We are all reading about prices in these gorgeous high rises dropping below actual construction costs. There are incredible luxury condo foreclosure deals out there. Many high rise towers such as SKY Las Vegas and Turnberry Towers have would be flipper inventory galore - It is such a strong buyers’ market & there are a few screaming deals in these luxury condominiums. Contact June Stark at 702 376-5220 for a market overview.

Let the special connections The Stark Team has forged with Las Vegas major luxury condominium developers and reo bank owned repo resale agents work to your benefit by getting you access to inventory that may not yet have hit the market.

The Stark Team offers Expert Buyer Representation for all luxury Las Vegas real estate, whether it be a highrise condo in Trump Towers, a Palms Place Luxury Hotel-Condo in Las Vegas’ newest celebrity haven, a hip new Las Vegas loft close to the strip, a luxury high rise condominium in Sky Las Vegas or Turnberry Place, or a luxury golf course home in Anthem Country Club or Lake Las Vegas, in Henderson NV. Our expert market knowledge and tenacious negotiating skils will work to your advantage to get you the most bang for your buck in this glutted market.

June is featured on the Trump Tower Las Vegas promotional DVD and is now excited to be re-selling Trump Towers Las Vegas condos.

Lauren has been featured on KLAS TV as a Las Vegas high rise condo expert and has been quoted in major national publications. Lauren is currently featured on HGTV (Home & Garden Channel) showcasing the Trump Tower Las Vegas models. If you are looking for that special unit in TRUMP TOWER Las Vegas, The Stark Team can help.

You may Search Local MLS Listings – which are listings from all brokers.

Also, you may search local Foreclosures to find great homes at great prices

June Stark’s Services:

* Order custom list of foreclosure or great home deals Today!!
* Search for ALL MLS Las Vegas Homes Today!!
* Setup FREE showings Today!!
* Setup FREE Listing or marketing valuation for your home Today!!

Web Sites:

www.Junestark.com

About June Stark:

Order FREE list of condos that meet your criteria.
Order FREE mortgage pre-approval and current programs list.

Call (702) 376-5220 or email me.

Selling your home? My expertise in the Las Vegas real estate market will help ensure that you get the best price for your property.

Order FREE #1 Marketing Program that will make sure the right people see your home.
Order FREE list of condos that meet your criteria.

I will always be available for personal service by phone or email, so feel free to call (702) 376-5220 or email me with questions any time!

June Stark is a featured real estate agent for the Las Vegas  area in Nevada on the real estate agent search site www.RealtyAgentGuide.com where visitors can search all agents and search for all homes for sale in Minneapolis and setup showings with a local Realtor.

By becoming on featured agent, June Stark’s profile will show ahead of all other agent searches for her area.  When visitors are searching for agents in their area June Stark’s profile will show first where sellers will receive more exposure by having their listings featured and buyers can search all local homes for sale and schedule showings.

Author: admin Categories: Uncategorized Tags:

Jim Abbott - San Diego Featured Agent

August 20th, 2009
Jim Abbott - San Diego

Jim Abbott is a fourth generation native San Diegan. He is the Managing Partner of ARG Abbott Realty Group. He is proud of the place he calls home, and for over twenty years has made the success of hundreds of homeowners his top priority.

Jim Abbott Services:

* Order custom list of foreclosure or great home deals Today!!
* Search for ALL MLS San Diego Homes Today!!
* Setup FREE showings Today!!
* Setup FREE Listing or marketing valuation for your home Today!!

* Jim Abbott is a local Realtor expert.  View Jim Abbott’s profile today!!

Jim Abbott’s Web Sites

* www.argsd.com

Can’t wait?  Call him now at 619.300.2992

About Jim Abbott:

Ranked near the top of all real estate agents nationwide, Jim’s reputation for highest ethical standards, commitment to clients’ goals, trendsetting marketing, and aggressive negotiating skills are hallmarks of his amazing career in Real Estate.

“Our business is client driven – we specialize in serving customers well,” said Jim. “The client you represent time and time again is the most satisfying experience in our business. We’re always very flattered when someone we’ve worked with in the past calls again and says ‘Jim – it’s time for us to move again.’”

“Jim is a remarkable man,” said Sandra Simmons, herself active in downtown San Diego business and former operator of the Downtown Information Center where Jim volunteered. “His calm yet determined persona combined with his knowledge of downtown makes him a successful leader in all he does.”

Jim became a Realtor nearly 20 years ago after receiving encouragement from Bill Opie, a legendary local agent who became his mentor and eventually his business partner. “I got into real estate not really knowing what it entailed or how to be successful at it,”said Jim. “My first week in business I hosted an open house, and halfway through it, a couple came in and bought the house I was holding open, and then asked me to list their current residence. I went into the Monday morning sales meeting thinking that selling real estate is easy! “And that was the last time in my career that ever happened!” he said with a chuckle.

Since that first sale and listing Jim has learned a great deal about the complicated and ever changing world of real estate. He started in the Poway/Rancho Bernardo area, but eventually found his niche when Prudential’s management suggested he consider moving downtown. Jim has unabashed pride in his native San Diego. “They don’t call it America’s Finest City for nothing,” he said. He says downtown San Diego is a sophisticated – and growing – market. “Many people are drawn to downtown by the cultural opportunities and the energy of living in a major urban core,” said Jim, also a downtown dweller. “I’m living in the city I was born in, walk the same streets and shop in the same stores I did as a child. It’s an incredible lifestyle.”

“Downtown houses about 25,000 people right now, with plans for about 50,000 in the next 25 years or so. That’s about the same size as a large suburban community,” said Jim. “It’ll continue to be a great and expanding market with housing in all price ranges. This year we saw the beginning of a strong internal market, where people are moving between buildings as their needs change.”

Helping Others Help the Community

Volunteering in the community is another of Jim’s hallmarks, “When I was the town council president in Rancho Bernardo we had very overcrowded and over utilized small branch library,” he said. Jim, along with his longtime friend Barbara Warden and other community activists formed a nonprofit corporation to pursue building something bigger and better. It took a great deal of work, including the complicated ins and outs of grant funding, but six years later Rancho Bernardo opened its new library. It’s now one of the busiest branches in San Diego, responsible for circulating several thousand new books annually throughout the entire San Diego library system. Jim remains president of the organization, which now oversees an endowment of several hundred thousand dollars.

“I have worked with Jim over 20 years, first in my role as publisher of a local newspaper, through my San Diego City Council career and now at the Downtown San Diego Partnership,” said Barbara Warden, president of the Downtown Partnership. “Truly professional Realtors are a treasure, and Jim Abbott is one of the rare combinations of integrity and intelligence.”

Jim’s work promoting downtown San Diego residential real estate goes beyond serving his own clients. He also works with other agent organizations, and even started one dedicated to the downtown arena.

“With the emerging downtown market, there was no venue for agents to come together on a regular basis to discuss market conditions and inventory, and to network with each other,” said Jim. So, he and colleague Caryl Iseman co-founded the San Diego Association of Realtors Downtown Real Estate Marketing Group. “The goal of the organization is to market properties and coordinate the tour of new listings. It also offers brokers agents and affiliates a place to exchange ideas and important information,” he said. With membership starting off in the single digits, group meetings now have 75-100 in attendance.

“As anyone who volunteers knows, you do those things for the personal satisfaction they bring you,” said Jim. “You’re meeting the very best people in the business – those who really care about professionalism in the industry and who want to continue that legacy.”

Jim’s been recognized by his peers for his work in real estate. In 2000, he received Prudential’s Legend Award, given each year to just a few of the company’s 42,000 agents in recognition of five consecutive years of peak performance.

Jim served as a director of both the San Diego Association of Realtors and California Association of Realtors – organizations that promote high professional standards and commitment to the buyers and sellers of real estate. “The dream and reality of homeownership are powerful and meaningful, I’m privileged to be part of the industry that helps people realize both,” Jim said.

Other acknowledgements include “1992 Businessperson of the Year” and City of San Diego Awards for service to the Police and Planning Departments. He’s also a past board member of the City of San Diego Public Library Commission. He’s written several op-ed pieces for local newspapers, including the San Diego Union Tribune, on the subject of library services. He remains an outspoken advocate for the public library system and eagerly awaits construction of San Diego’s new main library in Petco Park.

When not working, Jim and his partner Michael are busy raising the last of their seven children who range in age from 14 to 30. With four in college this year, they enjoy watching their kids’ success. This year saw the arrival of their second grandson Caden, who joined Dylan, as the apples of their eyes. “We’re making sure they get a good dose of downtown living!” said Jim. “Being a grandparent is a great experience. I highly recommend it.”

Order FREE list of condos that meet your criteria.
Order FREE mortgage pre-approval and current programs list.

Selling your home? My expertise in the San Diego real estate market will help ensure that you get the best price for your property.

Order FREE #1 Marketing Program that will make sure the right people see your home.
Order FREE list of condos that meet your criteria.

Call 619.300.2992 or visit my profile page.

I will always be available for personal service by phone or email, so feel free to call 619.300.2992 or email me with questions any time!

Jim Abbott is a featured real estate agent for the San Diego area in California on the real estate agent search site www.RealtyAgentGuide.com where visitors can search all agents and search for all homes for sale in San Diego and setup showings with a local Realtor.

By becoming on featured agent, Jim Abbott’s profile will show ahead of all other agent searches for her area.  When visitors are searching for agents in their area Jim’s profile will show first where sellers will receive more exposure by having their listings featured and buyers can search all local homes for sale and schedule showings.

TJ Pierret - Minneapolis Featured Agent

August 20th, 2009

mugshot1TJ has an extensive background in home renovations and remodeling, making her invaluable to the home buyer. She is backed by a network of service companies and personal experience, knowing what to look for a home, both in infrastructure and feature.

TJ’s Services:

About TJ:

TJ is a longtime Twin City resident and has a passion for finding real estate for the urban resident. A city dweller herself, TJ believes in the cities and is an expert in all things Minneapolis and St. Paul. She is experienced in the downtown St Paul condominium market but otherwise splits her time between condos and homes.

TJ has an extensive background in home renovations and remodeling, making her invaluable to the home buyer. She is backed by a network of service companies and personal experience, knowing what to look for a home, both in infrastructure and feature. TJ will not only help you find the right home, but help you envision how to transform it into your dream home. TJ is a global traveler and student of culture and has been to India more than 25 times. She describers herself as, “A global thinker before it was chic to be one.”

Buying a home? I will help you find the home of your dreams by taking the time to listen and understand your needs and desires. Once I know what you want, I will work tirelessly to find the right home for you, because no one should have to compromise when it comes to such a huge purchase.

Order FREE list of condos that meet your criteria.
Order FREE mortgage pre-approval and current programs list.

Call (651)755-6669 or email me.

Selling your home? My expertise in the Minneapolis and St. Paul real estate market will help ensure that you get the best price for your property.

Order FREE #1 Marketing Program that will make sure the right people see your home.
Order FREE list of condos that meet your criteria.

I will always be available for personal service by phone or email, so feel free to call (651)755-6669 or email me with questions any time!

TJ Pierret is a featured real estate agent for the Minneapolis St Paul area in Minnesota on the real estate agent search site www.RealtyAgentGuide.com where visitors can search all agents and search for all homes for sale in Minneapolis and setup showings with a local Realtor.

By becoming on featured agent, TJ Pierret ’s profile will show ahead of all other agent searches for her area.  When visitors are searching for agents in their area TJ’s profile will show first where sellers will receive more exposure by having their listings featured and buyers can search all local homes for sale and schedule showings.

Author: admin Categories: Minneapolis, Minnesota, St Paul Tags:

Suzanna Sankey

August 20th, 2009

susan1Suzanna is a member of the Downtown Condo Sales Group with Coldwell Banker Burnet; dedicated to bringing you to your dream home, purchase agreement negotiation, and representation that follows through past closing.

Suzanna’s Services:

About Suzanna:

Suzanna is no stranger to Residential Real Estate, having spent 6 years as a buyer’s agent, specializing in Condominiums, Town Homes, Single Family, New Construction, Foreclosure Properties, Investment Properties, Upper Bracket Housing, and First Time Buyers. She knows the importance of listening before talking to truly understand her customer’s needs. She acts on behalf of the customer’s needs with excellence in purchase agreement and negotiations.

Before joining the Downtown Condo Group, Suzanna exceeded sales expectations for two local builders; receiving many appreciative client comments for going “above and beyond” to meet their needs.

Suzanna is a member of the Minneapolis Area Association of Realtors, Minnesota Association of Realtors, & National Association of Realtors. She is also affiliated with the Real Estate Internet Group, the largest network of real estate websites, with internet presence that reaches buyers and sellers all over the world.

Buying a home? I will help you find the home of your dreams by taking the time to listen and understand your needs and desires. Once I know what you want, I will work tirelessly to find the right home for you, because no one should have to compromise when it comes to such a huge purchase.

Order FREE list of condos that meet your criteria.
Order FREE mortgage pre-approval and current programs list.

Call 612-205-0873 or email me.

Selling your home? My expertise in the Minneapolis and St. Paul real estate market will help ensure that you get the best price for your property.

Order FREE #1 Marketing Program that will make sure the right people see your home.
Order FREE list of condos that meet your criteria.

Call 612-205-0873 or email me.

Suzanna Sankey is a featured real estate agent for the Minneapolis St Paul area in Minnesota on the real estate agent search site www.RealtyAgentGuide.com where visitors can search all agents and search for all homes for sale in Minneapolis and setup showings with a local Realtor.

By becoming on featured agent, Suzanna Sankey will show ahead of all other agent searches for her area.  When visitors are searching for agents in their area Suzanna’s profile will show first where sellers will receive more exposure by having their listings featured and buyers can search all local homes for sale and schedule showings.

Author: admin Categories: Uncategorized Tags:

Ryan Kempenich - Minneapolis Featured Agent

August 20th, 2009

ryan_019_2-3

Ryan was one of the top condo selling agents in Q1 2009. He excels in foreclosed properties and short sales, in addition to specializing in working with U of M students and parents to find the best investment options near campus.

Ryan’s Services:

Call (612)986-1896 or email rmkempenich@cbburnet.com

About Ryan:

Born and raised in Minneapolis, Ryan loves the city life that Minneapolis and St. Paul offer. This developed into a professional love of Twin City real estate. Not only is Ryan successful at finding and selling other people’s properties, he owns three area homes himself and currently resides in Minneapolis with his wife and two children.

For the scoop on new listings, great deals and local real estate buzz, order Ryan’s Hot Sheet, e-mail Ryan at rmkempenich@cbburnet.com.

Buying a home? I will help you find the home of your dreams by taking the time to listen and understand your needs and desires. Once I know what you want, I will work tirelessly to find the right home for you, because no one should have to compromise when it comes to such a huge purchase.

Order FREE list of condos that meet your criteria.
Order FREE mortgage pre-approval and current programs list.

Selling your home? My expertise in the Minneapolis and St. Paul real estate market will help ensure that you get the best price for your property.

Order FREE #1 Marketing Program that will make sure the right people see your home.
Order FREE list of condos that meet your criteria.

I will always be available for personal service by phone or email, so feel free to call 612-986-1896 or email me with questions any time!

Ryan Kempenich is a featured real estate agent for the Minneapolis St Paul area in Minnesota on the real estate agent search site www.RealtyAgentGuide.com where visitors can search all agents and search for all homes for sale in Minneapolis and setup showings with a local realtor.

By becoming on featured agent, Ryan Kempenich’s profile will show ahead of all other agent searches for her area.  When visitors are searching for agents in their area Ryan’s profile will show first where sellers will receive more exposure by having their listings featured and buyers can search all local homes for sale and schedule showings.

Author: admin Categories: Uncategorized Tags:

Cheryl Kempenich - Minneapolis Featured Agent

August 20th, 2009

c-kemp-2-3-300dpi_smCheryl Kempenich is the team leader for the  Cheryl Kempenich Group from Coldwell Banker Burnet where she has successfully Managed $45 million+ Sales in One Year.

Cheryl Kempenich Services:

Cheryl Kempenich Web Sites

Can’t wait?  Call her now at 612-735-0553

About Chery Kempenich:

Cheryl Kempenich knows the downtown market, having lived in Minneapolis and St Paul for many years. For the past 10 years Cheryl has been managing one of the most successful real estate teams in Minnesota, focusing on upper bracket homes, including condominiums and lakeshore properties. She has successfully managed in excess of 100 sales per year with annual sales in excess of $47 million dollars.

Cheryl started her real estate career more than 25 years ago. She owned a construction company; designing, building, and remodeling custom homes for over 15 years; she has also managed investment property for over 20 years. Cheryl’s success is due to her unmatched marketing abilities by utilizing the latest technology, her communication and management skills, and her attention to detail, and customer service.

Cheryl’s focus is very broad due to her wide range of experience. She enjoys selling investment properties, condominiums, upper bracket homes, and lake shore properties. She even understands the challenges of today’s financing. Cheryl and her family currently enjoy life on a large recreational lake just minutes from downtown. Cheryl and Randy’s three sons are also following in their footsteps working in the real estate profession.

Buying a home? I will help you find the home of your dreams by taking the time to listen and understand your needs and desires. Once I know what you want, I will work tirelessly to find the right home for you, because no one should have to compromise when it comes to such a huge purchase.

Order FREE list of condos that meet your criteria.
Order FREE mortgage pre-approval and current programs list.

Selling your home? My expertise in the Minneapolis and St. Paul real estate market will help ensure that you get the best price for your property.

Order FREE #1 Marketing Program that will make sure the right people see your home.
Order FREE list of condos that meet your criteria.

Call 612-735-0553 or visit my profile page.

I will always be available for personal service by phone or email, so feel free to call 612-735-0553 or email me with questions any time!

Cheryl Kempenich is a featured real estate agent for the Minneapolis St Paul area in Minnesota on the real estate agent search site www.RealtyAgentGuide.com where visitors can search all agents and search for all homes for sale in Minneapolis and setup showings with a local Realtor.

By becoming on featured agent, Cheryl Kempenich’s profile will show ahead of all other agent searches for her area.  When visitors are searching for agents in their area Cheryl’s profile will show first where sellers will receive more exposure by having their listings featured and buyers can search all local homes for sale and schedule showings.

Author: admin Categories: Minneapolis, St Paul Tags:

Find Local Expert Agents

August 19th, 2009

Search for homes.  Setup showings.  Buy and Sell.

Realty Agent Guide - The Blog

August 18th, 2009

Take the guess work out of finding a realtor.

The new Realty Agent Guide is a quick, easy and comprehensive search of the profiles of over a million agents and brokers nationwide. You’re sure to easily find the right realtor for your needs and in the area you need them to be.

We work to break down some of the hurtles in finding the right people.

Buyers:  Whether you’re a first-time home buyer or simply looking for a new agent, we allow you to browse the million + agent profiles on our site so that you can find a person who fits your needs. Also, look at their current listings through their profile!

Sellers:  In this market, you need to find the right person to get your property sold. Narrow your search an agent who fits your needs and is in your area.

Agents and Brokers:  What’s not to love about a site where you can promote yourself nationwide — for FREE? Simply Log in and update your profile with information to prove to your potential clients that you are the perfect person to guide them through one of the most important decisions they will make.

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