Nov 19, 2009 09:30 Asia Properties Signs MOU to Acquire Macau Casino
Asia Properties Signs MOU to Acquire Macau Casino Asia Properties, Inc. (API) (Pink Sheets:ASPZ) announced today that it has signed a Memorandum of Understanding "MOU" to acquire 50.13% of a Macau casino VIP club.   continued...

Nov 18, 2009 17:10 Investors Real Estate Trust Announces Increase in Regular Quarterly Common Share Distribution, and Declares Series A Preferred Share Distribution
Investors Real Estate Trust Announces Increase in Regular Quarterly Common Share Distribution, and Declares Series A Preferred Share Distribution Investors Real Estate Trust (Nasdaq:IRET) (Nasdaq:IRETP) announced today that its Board of Trustees has declared a regular quarterly distribution of 17.15 cents per share/unit payable on January 15, 2010 to common shareholders and unitholders of record at the close of business on January 4, 2010. The distribution reinvestment price will be the closing NASDAQ share price on January 15, 2010, less a discount of 5%. The Company has filed a registration statement with the Securities and Exchange Commission to register the number of common shares necessary to meet distribution reinvestment elections.   continued...

Nov 17, 2009 14:00 Ohio Housing Conference Celebrates 20 Years of the FHLBank's Affordable Housing Program
The Ohio Housing Conference celebrated the contributions of the Federal Home Loan Bank of Cincinnati to affordable housing in Ohio, observing 20 years of the FHLBank's Affordable Housing Program at an awards luncheon on Tuesday.   continued...

Nov 17, 2009 09:16 CRIC Reports Third Quarter 2009 Results
China Real Estate Information Corporation ("CRIC" or the "Company") (Nasdaq:CRIC), the leading provider of real estate information, consulting, advertising and online services in China, today announced its unaudited financial results for the fiscal quarter and nine months ended September 30, 2009.   continued...

Nov 16, 2009 17:21 The Garibaldi Group/CORFAC International Announces Lease Signings Totalling 18,000 Square Feet at the Warren Office Center
The Garibaldi Group/CORFAC International is pleased to announce it has facilitated several new leases and a long term renewal at 34 Mountain Boulevard, Warren, New Jersey, a two story colonial multi-tenant office complex. The Warren Office Center is owned by joint venture between Meritage Properties LLC and Accordia Realty Ventures, LLC.   continued...

Nov 16, 2009 14:25 Sonesta Announces 2009 Third Quarter Earnings
Sonesta International Hotels Corporation (Nasdaq:SNSTA) today reported net income of $27,379,000, or $7.41 per share, in the quarter ended September 30, 2009, compared to net income of $2,792,000, or $0.76 per share, in the quarter ended September 30, 2008. Operating revenues, excluding other revenues from managed and affiliated properties, were $14,517,000 in the 2009 quarter, compared to $16,398,000 in the 2008 quarter. The Company had operating income of $148,000 in the third quarter of 2009, compared to operating income of $4,411,000 during the same period in 2008.   continued...

Nov 16, 2009 12:33 Opportunity Investment Fund I, LLC Announces a Tender Offer for 100,000 Shares of Common Stock of Piedmont Office Realty Trust, Inc. at $4.60 Per Share in Cash
Opportunity Investment Fund I, LLC, a Delaware limited liability company, today announced the launch of a tender offer whereby it seeks to acquire 100,000 shares of common stock ("Shares") of Piedmont Office Realty Trust, Inc., a Maryland corporation (the "Corporation"), at a purchase price equal to $4.60 per Share (the "Offer Price"), less the amount of any dividends declared or made with respect to the Shares between November 16, 2009 and December 18, 2009 or such other date to which this offer may be extended (the "Expiration Date"), in cash, without interest, upon the terms and subject to the conditions set forth in a Offer to Purchase and a related Letter of Transmittal, as each may be supplemented or amended from time to time (which together constitute the "Offer" and the "Tender Offer Documents").   continued...

Nov 13, 2009 14:10 Noted Real Estate Economist Dr. Norm Miller Joins CoStar Group to Direct Integration of PPR's Industry-Leading Analytic and Forecasting Assets With CoStar's Database of Comprehensive Real Estate Information
CoStar Group, Inc. (Nasdaq:CSGP), the number one provider of information, marketing and analytic services to the commercial real estate industry, today announced that Dr. Norm Miller will join the company as Vice President of Analytics. The appointment is effective January 1, 2010.   continued...

Nov 13, 2009 08:00 Altisource Announces Addition of Industry Sales Leader to Senior Leadership Team
Altisource Portfolio Solutions S.A. (Nasdaq:ASPS) announced that Scott A. Slifer, CMB joined its senior management team as Senior Vice President of Business Development and Marketing. In this role, Scott will oversee Altisource's business development and marketing activities for its Mortgage Services and Technology Products segments and report directly to William B. Shepro, Chief Executive Officer.   continued...

Nov 11, 2009 16:26 Pennsylvania's Lehigh Valley, a Hot Spot for Commercial Real Estate
Drive west out of New Jersey along Interstate 78, right across the state border, and you'll arrive in the burgeoning Lehigh Valley area, the third most populated region in Pennsylvania. The Lehigh Valley is located within a two-hour drive of the Poconos, the New Jersey shore, New York City and Philadelphia. Anchored by Northampton and Lehigh Counties, which contain the cities of Allentown, Bethlehem and Easton, the area is strategically located for businesses and residents. It is within 100 miles of over 30,000,000 people and within a days' drive of 1/3 of the United States and 1/2 of Canada's consumer base. This, coupled with a highly accessible interstate road network, has helped create a home for increasingly diverse business clusters which focus on services and technology.   continued...

Nov 11, 2009 12:00 Video Interview: Stuart Tanz, President, and CEO of Retail Opportunity Investments Corp.
Video Interview: Stuart Tanz, President, and CEO of Retail Opportunity Investments Corp. Veteran business journalist Joya Dass joins Stuart Tanz, President & CEO of Retail Opportunity Investments Corp. (ROIC) to discuss the company's industry, strategy, financials and positioning.   continued...

Nov 10, 2009 14:57 Whitestone REIT Announces Third Quarter 2009 Results
Whitestone REIT, a public, non-traded REIT that acquires, owns and operates Community Centered Properties(TM), which are visibly located properties in established or developing culturally diverse neighborhoods, today announced financial results for the three and nine months ended September 30, 2009.   continued...

Nov 9, 2009 13:15 Education Realty Trust Retires $98 Million First Mortgage Debt
Education Realty Trust, Inc., (NYSE:EDR) today announced it retired $98 million of secured first mortgage debt that was due to mature on December 6, 2009. The debt was secured by nine properties acquired as part of the 2006 Place portfolio transaction and was retired by utilizing approximately $76 million of existing cash and by drawing on its corporate credit facility.   continued...

Nov 9, 2009 12:50 Meritage Homes to Present at UBS Building & Building Products 7th Annual CEO Conference
Meritage Homes to Present at UBS Building & Building Products 7th Annual CEO Conference Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder, announced today that Meritage executive management will make a presentation to the investment community on Wednesday, November 18, 2009 at 9:50 a.m. ET at the UBS Building & Building Products 7th Annual CEO Conference at the UBS offices in New York City. The Company's presentation will be webcast live and may be accessed through the "Investor Relations" page of the Meritage Homes website, http://investors.meritagehomes.com. Participants should access the webcast event page at least five minutes before the live event for the audio link and accompanying materials. An archived version of the Company's presentation will also be available on this site for a limited time following the presentation.   continued...

Nov 9, 2009 08:00 zipLogix Announces zipOfficePro, a Real Estate Broker-Designed IDX Intranet Solution
zipLogix Announces zipOfficePro, a Real Estate Broker-Designed IDX Intranet Solution zipLogix, creator of zipForm(R), the real estate industry's leading electronic forms software and relay(R) transaction management, today announced the release of their zipOfficePro product. This latest addition to their suite of REALTOR(R)-centric tools for the industry was developed by brokers for brokers as an Internet Data Exchange (IDX) / Multiple Listing Service (MLS) intranet solution to increase agent productivity. Lead generation, office and content management, unlimited agent and company branded flyers for MLS listings, uniform company messaging and branding and a floor book listing tool are just a few of its features.   continued...

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