House panel backs hefty cut in commercial property taxes
A House committee approved a bill Wednesday night that would slash commercial property taxes by 40 percent over eight years while providing hundreds of millions of dollars in state money to "backfill" lost property tax revenue to school districts, cities

TowneBank Reports Record Fourth Quarter and Annual Earnings
SUFFOLK, Va. -- Hampton Roads based TowneBank reported record earnings of $33.32 million for the year ended December 31, 2011, a 10.06% increase, or $3.05 million, over the $30.28 million reported for ...

These Specialty REITs Could Dominate in 2012
Hotel REITs took a hit in 2011, but they're poised to pop in the year to come.

One of Nation's Top Real Estate Investment Companies Announces New Website Offering Turnkey Investment Properties For ...
Marquis Properties, one of the top real estate investment companies in the Midwestern United States, is pleased to announce the launch of its new website offering resources for investing in real estate and turnkey investment properties for sale to real estate investors worldwide.Provo, UT (PRWEB) February 03, 2012 Marquis Properties is among the top real estate investment companies in the ...

Sunway REIT declares RM53.6m payout
Sunway Real Estate Investment Trust (Sunway REIT) has announced a distribution income of RM53.6 million in the second quarter 2012 for the financial year ending June 2012. In a statement today, the manager of Sunway REIT, Sunway REIT Management Sdn Bhd said the result represented an increase of 14.1 per cent compared to the corresponding quarter of the preceding year. "This also translates into ...

Buildings built after 2005 'can withstand' magnitude 8 quakes
THE Cebu City Office of the Building Official (OBO) admitted that some buildings in the city are vulnerable to strong earthquakes. Acting Building Official Josefa Ylanan pointed out that even in Japan, where advance technology is used in construction projects, some buildings are still not stable enough to withstand strong earthquakes.

REITs to avoid
Investors are racing into REITs that promise higher yields than equity REITs. But be forewarned, the higher yields of these other types of real estate vehicles come with very real risks.

Griffin-American Healthcare REIT II Acquires Medical Office Buildings in Florida, Georgia and South Carolina
NEWPORT BEACH, Calif., Feb. 2, 2012 /PRNewswire/ -- Griffin-American Healthcare REIT II (formerly known as Grubb & Ellis Healthcare REIT II) announced today that it has acquired three medical office buildings ...