Real estate transactions in China have slowed so quickly that in the last two weeks, real estate companies have laid off thousands of brokers and closed hundreds of offices.

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Government Policies Contribute to Cooling of China Real Estate Boom

Washington area real estate developers are eager to again build office buildings speculatively — meaning without having leases signed with tenants — but many are waiting on banks to begin financing them again. Work has recently begun or is scheduled to begin in coming months on more than half a dozen speculative office projects in the area, a situation relatively particular to the region. Developers in most other major office markets are holding off as the commercial real estate industry creeps back from the recession. Read full article > >

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Washington area developers ready to take a chance on new office construction

Washington area real estate developers are eager to again build office buildings speculatively — meaning without having leases signed with tenants — but many are waiting on banks to begin financing them again. Work has recently begun or is scheduled to begin in coming months on more than half a dozen speculative office projects in the area, a situation relatively particular to the region. Developers in most other major office markets are holding off as the commercial real estate industry creeps back from the recession. Read full article > >

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Washington area developers ready to take a chance on new office construction

After staying put during the economic recession, you might be tempted by stabilizing real estate prices and low mortgage interest rates to sell your house and buy your next place. What you might not realize is how long and complicated the process of buying and selling a home has become. New lending regulations, appraisal procedures and consumer expectations can throw up roadblocks for even the most seasoned flipper. Many homeowners who haven’t sold or bought a home in the past few years will find that many of the old “rules” have changed. Residential real estate experts suggest homeowners become aware of the new rules before listing their current property and searching for a new home. Read full article > >

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Ten things you need to know about buying or selling a home

Let’s face it: It’s been rough the past several years. Any real estate agent will tell you that. Economic growth has been tepid. The unemployment picture is not encouraging. The latest figures on new foreclosure filings are kind of scary. But the Washington area is doing better than most parts of the country, right? Read full article > >

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What $500,000 buys in D.C. area real estate

Lines stretched nearly the full block of 2100 K Street NW Tuesday as Iron Chef-celebrity-restaurateur- ‘Entourage’ guest star Bobby Flay officially joined the D.C. dining scene with the launch of his much-anticipated burger joint, Bobby’s Burger Palace . Hundreds waited as long as an hour during the lunch rush to sample the goods. “My burger was fabulous,” said Clarke Aburn, a senior veep at Greenberg Gibbons real estate development firm, after finishing a “crunchified” Palace Classic Burger, a standard patty topped with traditional fixings and fresh potato chips. “He [Flay] took something people have been doing at cookouts all over the place — putting chips on burgers — and gave it a name.” Read full article > >

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Bobby Flay’s burger joint opens on K Street

First Potomac Realty Trust, a Bethesda-based real estate firm, announced Thursday that it had formed a partnership that would purchase the Greyhound bus terminal in Northeast Washington for $46.75 million. Greyhound plans to move its Washington bus operations into a reconfigured bus deck within Union Station, under an agreement reached earlier in the week with the Union Station Redevelopment Corp. The agreement freed the bus company to sell its existing property, a 1.6-acre site at 1005 First St. NE that it will lease back until its move into Union Station is complete. Read full article > >

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First Potomac Realty Trust to acquire Greyhound bus terminal in Washington

W hen home prices soared seven years ago, longtime friends Sergey Yershov and Roman Zolin purchased a house together in the District because they could not afford to each buy one on their own — at least not close to the D.C. firm where they worked. But then Zolin got married, Yershov got engaged and they decided to sell in 2009. The idea of coughing up thousands of dollars for real estate agent commissions did not faze them initially. But after six months and no offers, they reassessed. They took their home off the market, sunk $30,000 into renovations and tried again in the spring of last year — this time on their own. Read full article > >

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And the broker takes a slice

Though federal sentencing guidelines recommended a prison sentence of eight to 10 years for Linda Speaks Tribby, the Loudoun County banker who admitted stealing more than $14 million from her customers, a federal judge said Friday that that was too much and imposed a seven-year term. Tribby, 42, had sent a 14-page handwritten letter to U.S. District Judge Liam O’Grady outlining her history of civic involvement and the personal reasons why she decided to start diverting funds from four wealthy customers into her own accounts in 2003. She acknowledged being a heavy drinker, a regular marijuana smoker and a compulsive gambler, as she spent the stolen millions on houses, real estate, luxury and antique vehicles, and trips to Las Vegas. Read full article > >

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Ex-banker gets 7 years, below federal guidelines

The Trump brand just isn’t what it used to be. The real estate developer and Apprentice star is being sued by hundreds of people who bought into buildings and classes with the Trump name, only to have developers scrap the buildings or teachers scam…

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Trump Sued by Hundreds

MOSCOW — The American investor who once employed Sergei Magnitsky, a whistle-blowing lawyer who died unattended in a Moscow jail cell in 2009, said Monday that tax officials involved in the fraudulent $230 million refund scheme that Magnitsky was trying to expose have bought millions of dollars’ worth of real estate in Russia, Montenegro and Dubai, and stashed millions more in offshore bank accounts.

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Private probe: Officials in Russian tax fraud case stashed millions offshore

Amid a real estate boom, men are finding themselves lovelorn as women hold out for a mate with property.

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For Many Chinese Men, No Deed Means No Dates

The city’s real estate industry is trying to enlist City Hall in a contract battle with the union that represents crane operators.

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City May Play Role in Labor Fight Between Crane Workers and Developers

Global property firm Savills warns of uncertainties created by the Japanese crisis and real estate bubbles in Asia.

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Savills wary on property growth

Geneva – For decades, European bank accounts and trusts and the real estate market were havens for dictators seeking safe places to deposit billions of dollars they were stealing from their countries of origin. The pressure exerted upon European private banks and justice departments by anti-corruption watchdog groups and associations of lawyers has at last made changes to one of these notorious havens for embezzled fortunes. read more

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Egyptians Can Claim Mubarak’s Stolen Billions