Archive for July, 2009
iStar Financial Appoints Aqua Hotels & Resorts to Manage the 350 room Hilton Kauai Beach Resort
WAIKIKI BEACH, Hawaii – July 24, 2009 – Aqua Hotels & Resorts, a full-service hotel management company with 15 hotels and resorts in Hawaii, announced that a subsidiary of iStar Financial, SFI Kauai Operator LLC, has selected the company to assume management of the Hilton Kauai Beach Resort effective July 24, 2009.
U.S. Bank says Opus Corp. insolvent, seeks $79 million
Minneapolis-based U.S. Bank is suing Opus Corp., alleging the local development company with three bankrupt subsidiaries is “insolvent” and owes U.S. Bank and other lenders $79 million.
Town of Cicero property reassessment meeting 7-25-09
It was property assessment 101 Saturday, for those who live in the Town of Cicero.
Poll: Brewer's tax plan the popular choice
Arizonans appear far more willing to pay more to the state on items already taxed than they are to expanding the list of what is subject to the levy.
Stirling Sotheby's International Realty Named Sales Representative for Home of NASCAR's Mike Skinner
ORLANDO, Fla. – Stirling Sotheby’s International Realty, which ranks as one of Central Florida’s largest and most active realty companies specializing in luxury homes, has been named exclusive sales representative for a luxury home and commercial airplane hangar located at Spruce Creek Fly-In, the unique Volusia County community developed for affluent airplane owners. The property, [...]
New-home sales soar in June
New-home sales rose by the largest amount in more than eight years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades.
Senators allegedly told of Countrywide favors
Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts according to secret testimony.
New-home sales in U.S. up 11% in June from May
Price cuts and tax credits provide a boost. Still, 2009 is shaping up to be the worst year for new-home sales since at least 1963. Sales of new single-family homes in the U.S. rose 11% in June from the month before, as buyers responded to price cuts and tax credits meant to clear the still-massive [...]
San Diego high-rise condo market goes from frenzy to fizzle
Thousands were built downtown in recent years, but many are unsold or in foreclosure and prices have plummeted. The upside is that those priced out of the area can afford them – if they can get loans. Drive through California’s sprawling inland suburbs and you’ll spot the familiar mileposts of a real estate bust: foreclosure [...]
Appraisers with Revoked Licenses Still Profit in Real Estate Industry
A Center for Public Integrity investigation of the appraisal industry in California and Florida, two of the states hardest hit by foreclosures, found that since 2005, one in six appraisers whose licenses were revoked or surrendered kept their real estate sales or broker’s licenses.