Wall Street Week Ahead: Stocks face choppy seas of bank woes, uncertainty

NEW YORK (Reuters) – More volatility could be in store for stocks next week as investors grapple with less certainty about the economic outlook and a new blow to the financial sector after JPMorgan Chase’s trading loss. Europe is expected to keep investors jumpy as well, w
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CoStar’s People of Note (May 6-12)

This week’s People of Note includes the following markets: Houston, National, Orange County, Sacramento and Washington, DC. NATIONAL CBRE President Robert Sulentic To Succeed Retiring CEO Brett White By Randyl Drummer Brett White announced he will retire as chief executive of CB
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JPMorgan $2 billion loss hits shares, credit, image

NEW YORK/LONDON (Reuters) – JPMorgan Chase & Co lost $ 15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $ 2 billion trading loss by demanding stiffer oversight for the banking industr
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Miami, London, Nairobi and Jakarta Buck Global Price Trend as Value of Prime Residential Property in World’s Key Cities Dip in Q1

South Beach, Miami According to London-based real estate consulting firm Knight Frank, the value of prime property in the world’s key cities fell by 0.4% in the first quarter of 2012. This represents the index’s first quarterly fall since the depths of the global recession
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Surprising JPMorgan loss hits stock market late

NEW YORK (Reuters) – Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred “significant mark-to-market losses” that it said could “easily get worse.” JPMo
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Investor Sells 2.2 Acres for $22M

Local investor Carlos Mattos of Sunny Isles Property Holdings LLC traded the 2.2-acre oceanfront parcel at 16901 Collins Ave. in Sunny Isles Beach, FL to an affiliate of Fortune International Realty for $ 22 million, or approximately $ 10.17 million per acre. The 94,220-square-foot la
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Variety of Apartments and Villas Offered by Dubai Real Estate

The Dubai property market continues to stay among the best property markets in the world as the demand of real estate properties in Dubai is increasing continuously. The growth in tourism industry and a strong economy are the main factors due to which more and more people from around
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Liberty Investments Secures Finanicing for Colonial Acres Mobile Park

Aztec Group secured $ 9.15 million in senior debt financing for Colonial Acres Mobile Home Park in Miami, FL. Senior managing director Howard Taft and director Charles Penan of Aztec Group, Inc. arranged the financing for the owner. Located at 9674 NW 10th Ave. in Miami, Florida, Colo
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CBRE President Robert Sulentic To Succeed Retiring CEO Brett White

Brett White will retire as chief executive of CBRE Group, Inc. (NYSE:CBG) at the end of the year, capping a remarkable run in which he rose through the ranks from a sales trainee in 1984 to head the largest commercial real estate service company in the world. White, 52, will be succee
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