REALTY
High realty prices hit home loans rediff.com ICICI Bank on Tuesday said it has witnessed a slowdown in home loan segment in the current fiscal, following the high realty prices in certain markets. First American Realty Names Cameron J. Larkin Senior Vice President – Hospitality Financing & Business Development Hospitality Net DALLAS, TX | First American Realty Associates President, Joe Epstein, announced that Cameron J. Larkin has been promoted to Senior Vice President – Hospitality Financing & Business Development. In addition to responsibility for the firm’s Dallas office, Larkin oversees the firm’s marketing efforts and CMBS hotel loan tracking database. ASU program changes name to Realty Studies The Business Journal of Phoenix Arizona State University's Arizona Real Estate Center at the Polytechnic campus in Mesa has been renamed Realty Studies. GLOBAL REALTY DEVELOPMENT CORPORATION PAYS $2.4 MILLION TO SATISFY SAPPHIRE JUDGMENT Market Wire via Yahoo! Finance Global Realty Development Corporation today announced that it has satisfied a $2.4 million judgment with Sapphire Development and will file with the courts in both the United States and Australia for the immediate release of all sanctions showing satisfaction of the judgment. Neuberger Berman Realty Income Fund Announces Monthly Distributions Business Wire via Yahoo! Finance NEW YORK----The Board of Directors of Neuberger Berman Realty Income Fund Inc. , which trades on the New York Stock Exchange under ticker symbol NRI, has declared monthly distributions of $0.1125 per share payable on January 31, 2007, February 28, 2007, and March 30, 2007, to shareholders of record on January 16, 2007, February 15, 2007 and March 15, 2007, respectively. Dividend Capital Total Realty Trust Announces Real Estate Acquisitions Business Wire via Yahoo! Finance DENVER----Dividend Capital Total Realty Trust Inc., a diversified Real Estate Investment Trust , announced today that it has acquired a portfolio of four industrial real estate properties, as well as an office/R&D property. Acadia Realty Trust Promotes Joel Braun to Executive Vice President Business Wire via Yahoo! Finance NEW YORK----The Board of Trustees of Acadia Realty Trust today announced the promotion of Joel Braun to Executive Vice President and Chief Investment Officer. Mr. Braun served as Senior Vice President of Acadia since its formation in August 1998. GLOBAL REALTY DEVELOPMENT CORPORATION SELLS DEVELOPMENT PROPERTY FOR $9.2 MILLION Market Wire via Yahoo! Finance Coral Springs, FL, January 8, 2007 - Global Realty Development Corporation today announced that on January 5, 2007 it sold one of its Australian real estate development properties for approximately $9.2 million. This resulted in net cash flow of $5.3 million and a profit of approximately $2.2 million. TAKtical Realty Group enters into joint venture with ZT Global Investments AME Info TAKtical Realty Group, a wholly owned Dubai-based real estate brokerage and strategy subsidiary of TAKtical International, today announced that it has entered into a joint venture agreement with USA based ZT Group of Companies, a Houston, Texas based investment firm, to establish a Real Estate Investment Advisory firm under the name of ZT-Taktical LLC. Dubai realty management firm commissioned for Skycourts development project Gowealthy Edara LLC, Dubai-based real estate investment, development and management firm, has been commissioned to project manage the National Bond's SkyCourts realty development in Dubailand.
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