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   Chicago South Suburb Real Estate World News

Hypo Real Estate to receive euro20 billion loan (AP via Yahoo! News)
Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil.

Investors Pull Back: Savings Accounts Top Stocks and Real Estate For First Time (Rasmussen Reports via Yahoo! News)
A plurality of investors - for the first time ever - say they would rather put new investment money in a bank savings account than in the stock market or in real estate. This marks a dramatic change over the past year in response to worsening conditions on Wall Street and other troubling economic factors.

Hypo Real Estate Gets EU20 Billion Guarantee From Rescue Fund (Bloomberg)
Nov. 21 (Bloomberg) -- Hypo Real Estate Holding AG , the German property lender bailed out by the German government and financial institutions last month, got a 20 billion-euro ($25 billion) credit guarantee from the government's rescue fund.

Realtors content on Real Estate Channel (BizJournals)
The National Association of Realtors announced that it has become a real estate news and content contributor to the Real Estate Channel.

UPDATE: Hungary Real Estate Fund Note Trade To Resume Monday (Nasdaq)
BUDAPEST -(Dow Jones)- The Hungarian Financial Supervisory Authority (PSZAF), the country's capital market authority, will Monday re-launch trade in real estate investment fund notes under amended regulations to come into effect next week, PSZAF officials said Friday.

Real estate group backs sick leave law challenge (BizJournals)
Fearing a flight of businesses from the city of Milwaukee, leaders of a major organization of commercial real estate professionals have voted to support the legal challenge to the paid sick leave benefits mandate passed by voters via a Nov. 4 referendum.

Hungary Real Estate Fund Note Trade To Resume With New Rules (Nasdaq)
BUDAPEST -(Dow Jones)- The Hungarian Financial Supervisory Authority (PSZAF), the country's capital market authority, will Monday re-launch trade in real estate investment fund notes under amended regulations, PSZAF officials said Friday.

Hypo Real Estate to receive euro20 billion loan (Lexington Herald-Leader)
Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil. Munich-based Hypo said it can use the guarantees to collateralize debt securities to be issued, which must be due for repayment by the middle of January ...

DJ DGAP-Adhoc: Hypo Real Estate Bank AG: SoFFin grants EUR 20 billion framework guarantee to Hypo Real Estate Group (Financial.de)
Hypo Real Estate Bank AG / Agreement 21.11.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

Real estate division raises fees, as license applications drop by 60 percent (Rocky Mountain News)
The Colorado Division of Real Estate is increasing licensing fees, following an unexpected nose dive of 60 percent in the number of new license applications

 

 
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