Mychal Howe

Apollo Said to Buy Citi’s Real Estate Unit (New York Times)
Apollo Management agreed to buy Citigroup ’s real estate investment unit in a move that will more than triple the value of the private-equity firm’s property assets, a person with knowledge of the deal told Bloomberg News on Tuesday.

Vail Resorts Earnings Drop 33% on Real Estate (Fox News)
Revenue at Vail fell 23% to $300.5 million, primarily caused by a plunge in real-estate revenue.

Brookfield Real Estate boosts Q4 profit, royalties (The Canadian Press via Yahoo! Canada News)
TORONTO - Brookfield Real Estate Services Fund (TSX:BRE.UN) says its net income increased to $1.5 million in the fourth quarter, about seven times higher than it was a year earlier, as the royalties it received from brokerages rose nearly 10 per cent.

Hanoi real estate projects ‘burst open’ (Vietnam Net)
VietNamNet Bridge – Hanoi ’s real estate market has awakened after two months of hibernation by the news that the capital city will have five satellite urban areas. Additionally, the demise of gold trading floors has brought more capital to the real estate market.

Citigroup (C) to Sell Real Estate Division (HispanicBusiness.com)
U.S. financial conglomerate Citigroup Inc (NYSE:C) has agreed to sells its real estate division, City Property Investors, to the US-based private equity investor Apollo Management LP, according to reports Wednesday.

Brookfield Real Estate boosts Q4 profit, royalties (Canadian Business)
TORONTO - Brookfield Real Estate Services Fund (TSX:BRE.UN) says its net income increased to $1.5 million in the fourth quarter, about seven times

Apollo Management Said to Buy Citigroup Real Estate Unit (Bloomberg)
March 9 (Bloomberg) -- Apollo Management LP agreed to buy Citigroup Inc.’s real estate investment unit, according to a person with knowledge of the deal.

Real Estate watch, 3/10/10 (Tri-Valley Dispatch)
Statistics for recent real estate transactions in the Casa Grande Valley.

China Real Estate 4Q profit surges on heels of IPO (AP via Yahoo! Finance)
China Real Estate Information Corp., whose U.S.-traded shares debuted in October, said Tuesday that its fourth-quarter profit rose six-fold on rising demand for its database and consulting services and the big acquisition late last year.

West Palm Beach Real Estate Finding The Perfect Property For A Worth Investment (Turks.US)
West Palm Beach real estate properties are the best investment that you could have. It is simply because the locations and residential units in West Palm Beach are in good value.