Archive for May, 2008

Jacobs, Hines 21-Story Office Tower Plans

The Richard E. Jacobs Group is a real estate development company which builds and leases shopping centers, offices, and hotels. After years of hard work the company has become the largest privately held shopping center company in the U.S., owning 45 million square feet of retail space in 40 regional centers. Among them are properties [...]

Angelina Jolie And Brad Pitt’s New Property In France

Angelina Jolie and Brad Pitt have recently bought a 1,000-acre estate in the south of France. The house has a 35 bedrooms, a vineyard, lake, forest, moat, swimming pool, billiards room, indoor pool, his-and-hers gyms, sauna and jacuzzi, a huge banquet hall, cascading stone-walled terraces as well as 20 fountains, water aqueducts and a [...]

Sharon Stone Beverly Hills House For Sale

Actress Sharon Stone has again put her house at 2201 N. Beverly Drive on the market. The 50-year-old celebrity purchased the house in early 2006 for $10,995,000, and even without moving there put it on the market for $12,500,000 soon after. The house has eight baths, an open floor plan, a lagoon [...]

Dubai Real Times

The Real Estate Regulatory Agency (RERA) has made a significant step by launching its first official monthly magazine, the Dubai Real Times. The magazine will provide its readers with full information on the Dubai property market as well as serve as a bridge of communication between RERA and stakeholders in the Dubai property sector.
Marwan bin [...]

UK House Prices Falling

It is predicted that the UK housing market will get worse before getting better. House prices will likely decline by seven percent this year as opposed to expectations of a one percent rise.
Although it was predicted that gross mortgage lending would reach £340 billion this year, new forecasts shows that it won’t go higher [...]

Foreclosures Create New Opportunity For Habitat

The current crisis in the real estate market has forced many families to leave their homes. However, this has also caused some positive results, reports the nation’s best-known housing charity.
Some Habitat for Humanity chapters have decided to make the best of the situation by purchasing many of the houses affected by the mortgage meltdown, [...]

Blending Church And Real Estate

It’s not surprising that churches lose their importance and value even today. The famous Washington Square Methodist Church located in Manhattan once used to be rather active in the anti-Vietnam War movement and thus has the honor of being known as the “peace church.” Forty years have past and the church still remains for New [...]

Russian Oil Magnate R.Abramovich Buys Colorado Ranch

Russian oil magnate Roman Abramovich recently bought the Colorado ranch previously belonging to surgical-equipment tycoon Leon Hirsch for $36.3 million. This is already the second property Abramovich has purchased this season. In February he bought a 14,300-square-foot house in Snowmass for $11.8 million. The last purchase has 11 bedrooms, 12 baths, a media room, a [...]