Roberts Realty Investors, Inc. Increases Stock Repurchase Program To 300,000 Shares

Roberts Realty Investors, Inc. announces that its Board of Directors has amended its stock repurchase program to authorize the company to repurchase up to 300,000 shares of its outstanding common stock. The company may repurchase shares from time to time by means of open market purchases and in solicited and unsolicited privately negotiated transactions, depending on availability, the company’s cash position and price. Charles S. Roberts, President... 

AmREIT Announces Plan to Privatize the Company by Discontinuing Trading of Shares on the NYX

AmREIT a Houston-based real estate company that has elected to be taxed as a real estate investment trust, today announced that its Board of Trust Managers has approved the privatization of the Company through withdrawal of its Class A common shares from listing on the NYSE Euronext Exchange (“NYX”, formerly the American Stock Exchange). The company has filed with the NYX its notice of withdrawal of listing of its shares and intends to file with... 

$272mn Schumacher Tower

ACI Real Estate, an affiliate of Alternative Capital Investments, launched the US $272 million (AED 1 billion) Michael Schumacher Business Avenue on February, a 29-storey business tower located in Dubai’s Business Bay. Michael Schumacher Business Avenue marks Phase 2 of ACI’s sports-branded real estate project. The tower designers represent a new generation of architects. Being responsible as associate architects for world recognised structures... 

Prime Group Realty Trust Announces Updated Purchase Price and Timing on Sale of 180 North LaSalle Street

Prime Group Realty Trust announced that Younan Properties, Inc. and an affiliate (“Purchaser”), and the subsidiary of the Company (the “Seller”) that owns 180 North LaSalle Street in Chicago, Illinois (the “Property”), amended the purchase and sale agreement (the “Agreement”) to (i) provide Purchaser certain credits against the Purchase Price, and (ii) remove the Purchaser’s right to extend the closing date past December 17, 2008. ADVERTISEMENT The... 

Analysts In Media Launches Real Estate Showcase for Foreign Investors

Analysts In Media (AIM) has recently launched the Real Estate Foreign Investment Showcase (REFIS). Two events will make up the showcase, which provides an opportunity for foreign investors to enter the real estate market in major cities worldwide. Current market research indicates a shift in global markets, making this event a timely strategic opportunity for developers and investors. The first REFIS event will take place in the second quarter of... 

Grubb & Ellis Directors Receive Support From Another Leading Proxy Advisory Firm

Grubb & Ellis Company, a leading real estate services and investment firm, today announced that RiskMetrics Group (formerly Institutional Shareholder Services or ISS) recommends that Grubb & Ellis stockholders vote “FOR” the re-election of all three of the Board’s incumbent directors — Harold H. Greene, Devin I. Murphy and D. Fleet Wallace — at the company’s Annual Meeting of Stockholders on Wednesday, December... 

Analysts In Media Launches Real Estate Showcase for Foreign Investors

nalysts In Media (AIM) has recently launched the Real Estate Foreign Investment Showcase (REFIS). Two events will make up the showcase, which provides an opportunity for foreign investors to enter the real estate market in major cities worldwide. Current market research indicates a shift in global markets, making this event a timely strategic opportunity for developers and investors. The first REFIS event will take place in the second quarter of 2009... 

Och-Ziff Capital Management Group LLC Announces New Senior Management Hires in Asia

Och-Ziff Capital Management Group LLC (NYSE: OZM – News; “Och-Ziff”), today announced that it has hired four senior real estate investment professionals in Asia in a continued effort to augment Och-Ziff’s global real estate capabilities. The four principals will join Och-Ziff Asia Real Estate as Executive Managing Directors and will focus on building out an Asian real estate platform in Hong Kong, Singapore, China, India and... 

‘Buy Real Estate Now’ Advises Midwestern Bestselling Author Marian Snow in Success Magazine, Featured Alongside Rachael Ray, Mitch Albom, Dr. Sanjay Gupta and Donny Deutsch of CNBC’s Big Idea

Look into many personal finance magazines lately and you’ll find a plethora of articles by a certain St. Louis author about safely protecting your wealth through residential real estate. And hitting newsstands now is the December issue of Success, where this long-time real estate investor turned bestselling author and now up-and-coming speaker writes in the Wealth column about her favorite investment for the past 20 years, residential real estate. With... 

Och-Ziff Capital Management Group LLC Announces New Senior Management Hires in Asia

Och-Ziff Capital Management Group LLC announced that it has hired four senior real estate investment professionals in Asia in a continued effort to augment Och-Ziff’s global real estate capabilities. The four principals will join Och-Ziff Asia Real Estate as Executive Managing Directors and will focus on building out an Asian real estate platform in Hong Kong, Singapore, China, India and other countries throughout Asia and the Pacific. The...