Tag archives for New Construction

Bank of America to Sell Half of Stake in China Construction Bank Corp.

In an effort to “raise cash and shore up its capital base,” Bank of America is selling off half of its stake in the China Construction Bank Corporation for $8.3 billion anonymous investors. The total stake sold will be 13.1 billion shares and will generate a gain of $3.3 billion for BofA. This news follows on the heels of a Read full article »

Builder 100 List Ranks Charitable Organization as 6th Largest Homebuilder in the U.S.

According to Builder Magazine, Habitat for Humanity International is the sixth-largest homebuilder in the United States. The charitable organization, which works in partnership with low-income families to help them secure housing and strengthen neighborhoods, had 6,032 closings in 2010. Senior vice president of the U.S. and Canada Habitat for Humanity International divisions Larry Gluth describes the placement on the Builder Read full article »

Commercial Real Estate Investments Better than the Stock Market

According to a report released yesterday by developer CB Richard Ellis (CBRE), U.S. commercial real estate will “perform better than the country’s volatile share market during the current economic downturn because investors value its intrinsic quality”. The report indicates that the firm believes that commercial real estate will “remain a preferred asset class” while the stock market will likely suffer Read full article »

BEREL Sunday International Investing Edition

Wells Fargo Turns to Ireland for Loan Portfolios In a $1.4 billion deal, Wells Fargo has won the Bank of Ireland’s U.S. commercial-real-estate loan portfolio as the Irish bank attempts to deleverage its assets. The portfolio consists of 25 loans sold at close to face value and backed primarily by properties in New York, Boston and Washington. The Bank of Ireland Read full article »

Bad Construction, Misrepresentation Main Consumer Housing Gripes

Ask anyone how they feel about the housing market, and you can expect a mixed response. Not many people out there today feel that the real estate sector is humming along perfectly. However, the one group that you would think would be the happiest right now, qualified buyers, are actually feeling pretty frustrated with the market and the buying process, Read full article »

The Politics of Real Estate

Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.

Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.

About Bryan Ellis

Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.

Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.

Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.