July 1, 2009

Are REITs a Key to Real Estate Recovery?

NEW YORK – June 24, 2009 – Fortune magazine says that blue-chip REITs offer a reasonably conservative opportunity for individual investors to profit from the coming real estate rebound. Boston Properties (BXP), Regency Centers (REG), Simon Property Group (SPG), and Vornado Realty Trust (VNO) appear to be among the strongest, the magazine says.

Philip Martin, a senior vice president of Golub & Co., a real estate investment and development firm, thinks there isn’t an oversupply of commercial properties.“So when we do recover, you are likely to see a pretty healthy snap-back in real estate prices,” he says. “This is an excellent environment for those REITs with the right combination of knowledge and capital. They are going to have an opportunity to make some great deals, and the risk-adjusted returns at this point in the real estate cycle are going to be pretty darn good.”


Source: Fortune, Michael V. Copeland (06/22/2009)© Copyright 2009 INFORMATION, INC. Bethesda, MD (301) 215-4688

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June 6, 2009

New to Market- Grande Excelsior at The Dunes #1003



Fabulous views of the Gulf of Mexico all the way to Sanibel Island

285 Grande Way #1003
Experience the Lifestyle!


Offered turnkey furnished with upgrades galore
1,410,000
Priced competitively according to current market values.
Call : 239-687-4471
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May 20, 2009

Third Street Farmer's Market to open all summer

For the first time in its 19-year existence, the Third Street Farmer's Market will remain open all summer long.

Local foodies, locavores, gourmets and gourmands can now continue their weekly ritual of shopping and socializing at Naples' oldest open-air market each Satruday from 7:30 tp 11:30 a.m. year round.

Fresh local produce; sauces, soups, jams, and prepared foods; gourmet seasonings and sea salts; fresh-baked pastries, breads and tartes; flowers and plants; soaps; market baskets; candles; jewelry; and seashell frames are among the varied offerings for sale.

The market is located behind Tommy Bahama;s in the tree-shaded parking area, between Third St. S and Gordon Drive.

Source: Naples Daily News

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