Dusty cities, swampy burbs face real-estate bubble (CBS Market Watch)

Dusty cities, swampy burbs face real-estate bubble (CBS Market Watch)
Bakersfield. Visalia. Modesto. These dusty centers of California's San Joaquin Valley epitomize the newest and, in many cases, surprising players in America's red-hot real-estate craze.

Hypo Real Estate Bk Adds EUR250M To 3.25% Bond At 102.006 (Dow Jones via Yahoo! Asia News)
LONDON (Dow Jones)--Hypo Real Estate Bank, a unit of Hypo Real Estate Holding AG (HRX.XE), has added EUR250 million to its 3.25% bonds due March 2012, lead managers BayernLB, Barclays Capital, Deutsche Bank, Dresdner Kleinwort Wasserstein, Hypovereinsbank, WestLB, Landesbank Baden Wuerttemberg, Morgan Stanley, HSBC and Westdeutsche Genossenschafts-Zentrale said Friday.

Real estate briefs (Norwalk Advocate)
The Connecticut Trust for Historic Preservation has been approved as a real estate school by the Real Estate Commission at the state Department of Consumer Protection.

Landmark Century Plaza hotel to be sold to real estate investment group (SanLuisObispo.com)
LOS ANGELES - The Westin Century Plaza Hotel & Spa, which hosted several U.S. presidents, will be sold for $293 million to a real estate investment trust.