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Santa Barbara Real Estate News
Santa Barbara Real Estate News

Nuveen Real Estate Income Fund Issues Second Round of At-Par Redemption Notices for Auction-Rate Securities (Centre Daily Times)
Nuveen Real Estate Income Fund (AMEX: JRS) today called for redemption at par outstanding shares of its auction-rate preferred shares (ARPS). The fund's Board of Trustees has approved the redemption, which is part of a refinancing expected to lower the relative costs of leverage for the fund over time while also providing liquidity at par for the holders of at least some of Nuveen Real Estate ...

Nuveen Real Estate Income Fund Issues Second Round of At-Par Redemption Notices for Auction-Rate Securities (Business Wire via Yahoo! Finance)
CHICAGO----Nuveen Real Estate Income Fund today called for redemption at par outstanding shares of its auction-rate preferred shares . The fund's Board of Trustees has approved the redemption, which is part of a refinancing expected to lower the relative costs of leverage for the fund over time while also providing liquidity at par for the holders of at least some of Nuveen Real Estate Income ...

Foreclosure Website Announces Free Advertising for Real Estate Agents (PRWeb)
RealtyStore ( www.realtystore.com ), the nation's leading provider of foreclosure listings, today launched its Professional Network to connect Real Estate Professionals with thousands of home buyers actively looking for foreclosed properties. With over a million property page views per month, RealtyStore provides free, targeted exposure for members of the Real Estate Professional Network. ...

N. County economy in 3-year recession (Santa Maria Times)
The economic future for northern Santa Barbara County is not bright, and the situation is not expected to begin improving until 2009 or 2010, according to predictions being released today by the UCSB Economic Forecast Project.

Crucial series on tap for the Dirtbags (Long Beach Press-Telegram)
There's no avoiding the obvious. If Long Beach State wants to feel secure about its shot at an NCAA postseason bid, it will have to win its three-game series against UC Santa Barbara starting tonight at 6:30 at Blair Field.

Yardi Systems Acquires ARGUS Property Management (CTI) and ARGUS INSIGHT Reporting (Business Wire via Yahoo! Finance)
SANTA BARBARA, Calif.----Market leaders, Yardi Systems and ARGUS Software are pleased to announce today the formation of a strategic alliance in conjunction with Yardi's acquisition of ARGUS Property Management, also known as CTI, and ARGUS INSIGHT Reporting.

Emaar Misr unveils components of California styled community in New Cairo City (AME Info)
Emaar Misr for Development S.A.E, the wholly owned subsidiary of Emaar Properties PJSC, has unveiled the components of its EP5.75bn ($1bn) New Cairo City project - an elegant, Santa Barbara California-inspired residential and mixed-use development of 885 acres near the American University in Cairo and just 20 minutes from the Cairo International Airport.

Emaar Misr unveils components of California styled community in New Cairo City (Zawya)
Cairo, Egypt; May 8, 2008: Emaar Misr for Development S.A.E, the wholly owned subsidiary of Emaar Properties PJSC, has unveiled the components of its EGP 5.75 billion (US$1 billion) New Cairo City project - an elegant, Santa Barbara California-inspired residential and mixed-use development of 885 acres near the American University in Cairo and just 20 minutes from the Cairo International Airport.

County Lines for May 9, 2008 (Santa Maria Times)
Los Angeles

Merlot Made From Hamptons Vineyard for $100 Beats Saint-Emilion (Bloomberg.com)
May 9 (Bloomberg) -- After making wine since 1992 surrounded by the mansions of the Hamptons , Roman Roth got the ingredients for the ideal vintage last summer: steady sunshine and little rain.

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