A fast-growing residential real estate developer with a focus on strategically selected Tier II cities in China, today announced that its board of directors has authorized a $10 million share repurchase program, subject to approval by holders of a majority of the company's outstanding shares.

SAN FRANCISCO, Oct 20, 2008 (BUSINESS WIRE) -- Santa Ana, Calif.-based Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, announced from the 95th Annual Mortgage Bankers Association Conference and Expo, the results of the company's latest 12-month forecast for the nation's residential real estate markets covering the period from Sept. 1, 2008 through Sept. 1, 2009.

PETALING JAYA: Further liberalisation of the Foreign Investment Committee (FIC) guidelines to attract foreign investors to the local property market, especially for commercial property, is most welcomed, industry players said.

The new moon of the lunar month of Kartika marks Diwali, the Indian festival of lights, when Hindus across the country worship the goddess of wealth, Lakshmi. But divinities know full well the laws that govern finance and Lakshmi may not be a little tight-fisted about circulating her riches amid the ongoing global credit crunch.

Companies benefiting from the plan will be required to pay down their debt before spending the funds on operations.

The most recent addition to the expanding list of real estate professionals choosing IDX, Inc. to customize the search function of their website with innovative IDX Broker software is Isabelle Andrews with Coldwell Banker Residential Real Estate in Coconut Grove, Fla.

Near the Florida Turnpike and adjacent to the Homestead Miami Speedway, ParkSouth is bringing more than 1.4 million square-feet of commercial real estate development and leasing opportunities to south Miami-Dade. Construction of the ready-to-build industrial and office park, which comprises more than 100 contiguous acres, is scheduled to begin in late 2008.

Owen-Ames-Kimball Co. has begun construction of a new mixed-use retail and parking facility for the City of Punta Gorda. The project, on the corner of Herald Court and U.S. 41, will consist of a four-level, 409-space parking garage, with a portion of the ground floor available for retail leasing.

A round of layoffs is quietly rippling through the commercial real estate industry as companies hope for the best but prepare for the worst.