Monday, October 24, 2005

Survey Finds Majority of Homeowners Pay Principal on Interest-Only Real Estate Loans (Real Estate News)


Survey Finds Majority of Homeowners Pay Principal on Interest-Only Real Estate Loans (Real Estate News)
RISMEDIA, Oct. 25, 2005 Contrary to popular opinion, many American homeowners are making a concerted effort to pay down the principal balance of their interest-only real estate-secured loans -- despite rising gas prices and some signs of declines in consumer confidence.

Morgan Stanely Real Estate to buy AMLI for $2.1B (Crane's Chicago Business)
(Reuters) Morgan Stanley Real Estate's $4.5 billion Prime Property Fund is to acquire AMLI Residential Properties Trust for about $2.1 billion in cash, the companies said on Monday.

Morgan Stanley to Buy Real Estate Trust (WJLA-TV Washington D.C.)
NEW YORK (AP) - Morgan Stanley's Prime Property Fund said Monday it will acquire real estate investment trust AMLI Residential Properties Trust, which owns and manages a number of high-end apartment communities, for $2.1 billion in cash and assumed debt.The Prime fund, a $4.5 billion diversified real estate fund, will pay $37.75 per share or ownership unit in AMLI, a 21 percent premium over

Istanbul, U.A.E. real estate group to build office towers (The Daily Star Lebannon)
Istanbul authorities and a real estate group in the United Arab Emirates announced plans here Monday to begin construction next year of two 300-meter office towers. The announcement was made by Dubai International Properties (DIP) and the office of Istanbul mayor Kadir Topbas, who said that the complex - Dubai Towers-Istanbul - would be completed in 2008.

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