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State-of-the-Art Steel Ice Center to Sell at Public Auction

Bethlehem, PA (PRWEB) June 6, 2008 -- Tranzon Alderfer (www.tranzon.com) A Sanford Alderfer Company will conduct the sealed bid auction of Steel Ice Center, 320 East First Street, in Bethlehem, according to Todd Umbenhauer, Vice President of Sanford Alderfer Real Estate "It's easy to throw around superlatives like "state-of-the-art" facility, but in the case of the Steel Ice Center, it's completely accurate," said Umbenhauer. Situated in the Lehigh Valley adjacent to the Sands BethWorks Development, the 67,260 square-foot sports and recreational center was built in 2003 on 3.5 prime acres. "Sometime during our first year in real estate school we are taught the axiom "location, location, location" as it relates to the value of real estate," Umbenhauer said, "With it's proximity to the Sands BethWorks development, I would be hard pressed to identify a better location than Steel Ice Center." This premier ice skating facility is home to many teams, clubs and organizations as well as public programs featuring figure skating, ice hockey, speed skating and recreational skating. The building includes two NHL sized surfaces 85' x 200', nine locker rooms with showers, full service pro shop, full kitchen with snack bar, six party/meeting rooms, heated seating area in rink, state-of-the-art sound system, and television monitoring system including seven additional TV monitors. Steel Ice Center is a turn-key operation with over $1 million in equipment including two Zamboni ice surface machines, like-new restaurant equipment in the full commercial kitchen, ice skates, lockers, bleachers, tables, chairs and other related equipment. "The demographics of the Lehigh Valley are a perfect fit for a facility like this," Umbenhauer pointed out. Just minutes from Routes 378, 22, 412, & I-78, this fully-equipped, one-story facility is located adjacent to BethWorks, a 163+/- acre development anchored by the 300,000 square-foot Sands Casino and 300-room hotel currently under construction. This Riverfront Renaissance District will serve as home to the National Museum of Industrial History, a retail mall, loft condominiums, restaurants, nightclubs and more. Minimum starting bid for this property is $6.75 Million. Sealed bids are due by Tuesday, July 1, at 3 p.m. For auction information package, terms and photos, visit http://www.tranzon.com/Propertydetail.aspx?id=5879. For more information, call Todd Umbenhauer at 800-577-8845. # # #

22 Acres with Two Luxury Estate Homes Overlooking Lake Marble Falls to Sell at Auction

Marble Falls, TX (PRWEB) June 9, 2008 -- AuctionFirst (www.auctionfirst.com) will conduct an auction of twenty-two acres of Texas hill country property located in the heart of Marble Falls, according to Linda Mardi, president of AuctionFirst Central Texas, Inc. "The owner has had these properties on the market for over a year without any offers. At this point, he's extremely motivated and has set aggressively low minimum bids that will excite the marketplace," explained Mardi. "The location of these properties is truly unique in that they are smack in the middle of Marble Falls, set on a hill overlooking the city and lake. New home owners can enjoy the privacy of having acreage yet so close to today's necessities, like Starbucks coffee, that's only a 3 minute walk. These are stunning homes, offering the opportunity to live large, Texas style!" The first property, located at 303 Gateway North, is an estate home with approximately 4,100 square feet situated on 14.03 acres high on a hill overlooking Lake Marble Falls. With three bedrooms, two and a half baths and 1,100 sf of outdoor covered living space, this property includes an exercise room, horse barn, and many more high-end custom features. The minimum bid for this property at $800,000 is far below the last MLS price of $1,350,000. The second property is located at 305 Gateway North. This three bedroom, three and a half bath stone home sits on 8.52 acres offering incredible views and amazing custom features. With Travertine marble floors, solid hickory cabinets, floating crystal sink, full DVD media room, ash ceiling in the master bedroom, air-conditioned workshop, granite kitchen counters and top of the line kitchen appliances, this house is a must-see! The minimum bid for this property is $500,000 and presents an excellent auction opportunity, with the last list price at $749,000. For more information about the auction, including preview dates, call 800-498-9428 or download the property bid packages at www.auctionfirst.com. There is a 10% buyer premium. AuctionFirst Central Texas Inc is a licensed Texas real estate broker and Linda Mardi is licensed auctioneer by TDLR #16028. AuctionFirst specializes in selling properties within 30 days by customized accelerated auction marketing methods. Distributed by www.asmarketingcenter.com, a division of AuctionServices.com, Inc. # # #

REIT Rally Continues As FTSE NAREIT Index Returns Outpace Broader Market Through May

Washington, D.C. (Vocus) June 10, 2008 -- Despite hitting a trough in February, the FTSE NAREIT All REIT Index has soundly outperformed other major market benchmarks so far in 2008, according to the National Association of Real Estate Investment Trusts (NAREIT). Consider the following points: - Through the first five months of 2008, the FTSE NAREIT All REIT Index was up 6.46 percent, while the FTSE NAREIT Equity REIT Index was up 8.17 percent, as other market benchmarks remained in negative territory to start the year (the NASDAQ Composite down 4.89 percent, the Dow Jones Industrials down 4.72 percent, the S&P 500 down 3.80 percent, and the Russell 2000 down 1.81 percent). - For the year, Self-Storage (up 21.09 percent), Residential (up 15.60 percent) and Diversified (up 12.49 percent) remained the industry’s top-performing sectors. In addition, the REIT downturn of 2007 and early 2008 mirrored the duration and severity of the downturn in 1989-1990. Having reached a trough in February, the REIT market has steadily risen the past three months. - In the two most recent downturns (see charts on the next two pages), REITs dropped 28.2 percent and 26.3 percent, respectively. The peak-to-trough duration was 14 months and 23 months, respectively. - The current REIT slide began at the end of January 2007, and March 31 marked the 14-month point. From Jan. 31, 2007 to Feb. 29, 2008, the FTSE NAREIT All REIT Index was down 27 percent. It has since recovered so that the cumulative decline since the peak is 19.1 percent. The National Association of Real Estate Investment Trusts (NAREIT) is the representative voice for U.S. REITs and publicly traded real estate companies worldwide. Members are real estate investment trusts (REITs) and other businesses that own, operate and finance income-producing real estate, as well as those firms and individuals who advise, study and service those businesses. Visit our Web site at REIT.com. NAREIT does not intend this press release to be a solicitation related to any particular company, nor does it intend to provide investment, legal or tax advice. Investors should consult with their own investment, legal or tax advisers regarding the appropriateness of investing in any of the securities or investment strategies discussed in this publication. Nothing herein should be construed to be an endorsement by NAREIT of any specific company or products or as an offer to sell or a solicitation to buy any security or other financial instrument or to participate in any trading strategy. NAREIT expressly disclaims any liability for the accuracy, timeliness or completeness of data in this publication. Unless otherwise indicated, all data are derived from, and apply only to, publicly traded securities. Any investment returns or performance data (past, hypothetical, or otherwise) are not necessarily indicative of future returns or performance. ###

Las Vegas Land, Commercial Property, Residential Developments and High Rise Condominiums hit the Auction Block June 21

Las Vegas, NV (PRWEB) June 2, 2008 -- Las Vegas based Auction Exchange International today announced one of Nevada's largest auctions open to the public, which will be held at the Sands EXPO Convention Center in Las Vegas on June 21st. Diana Stansberry, President of Auction Exchange International, said, "The auction method is the newest rapid expansion in the real estate industry. We expect a record turnout of attendees that will participate in one of Nevada 's largest Real Estate auctions ever held." This is an unique event that includes the 328 Parcel Stone Haven Development in Mesquite, NV, several Platinum High Rise Condos on the Las Vegas Strip, commercial property, and an assembly of land lots ready to build in Las Vegas and surrounding areas. Statistics from the National Auctioneers Association (NAA) provide testimony to the growing acceptance and success of real estate auctions in the U.S. In 2007, the NAA reported that gross revenues from real estate sold at auction totaled $58.5 billion and that the residential, land and commercial-industrial real estate markets represent the fastest growing sectors of the national live auction industry. Banks, developers, and builders that have been struggling with the time consuming process of listing a property are turning to the auction process, enabling them to clear their inventory off their books in 30 to 60 days. These sellers receive major exposure to an audience of qualified buyers, reduced selling time, no buyer contingencies, and reduced selling costs. It is a win-win for everyone involved. "The auction process takes every aspect of effective real estate marketing and dramatically compresses the sales cycle, minimizes carrying costs and creates a single moment of competitive bidding that determines the property's true market value," says Jason Trindade, V.P. of Business Development for Auction Exchange International. Qualified Buyers can purchase a property at auction and secure financing through the preferred lenders on site. Buyers are required to have a 10% down payment that includes a 5.5% buyer's premium. Buyers and Sellers can view more information about the auction process and register online at www.AuctionExchangeInternational.com. For an interactive online catalog of properties in this sale, visit www.exite-listings.com/showcasebook/1684. Registration is currently open and there is still time for sellers to include their property in the June 21st, auction. The next scheduled auction is Saturday, July 19th. For public relations, please contact Tanya Bible, V.P International Marketing, 1-866-625-7656 or (702) 953-5805 or (702) 363-3948 Distributed by ASMarketingCenter.com, a division of AuctionServices.com, Inc. ###

Recession-Proofing An Investment Portfolio: Financial Professional Highlights Advice Investors Should Heed in Turbulent Markets

Denver, CO (PRWEB) May 27, 2008 -- The average individual investor holds portfolios comprised of stocks, bonds and cash. Today that places many investors in a quandary: while bonds are often a safe haven when the stock market outlook is uncertain, bonds usually do not do well when inflation increases, precisely the economic conditions we now face. According to David Kaiser, a Denver-based independent financial professional, investors would be smart to look at where institutional investors, like foundations and trusts, turn during times of market volatility. Kaiser believes there are several things a individual investor can do, but the first and most important is to control emotions. "Unlike institutional investors, individual investors tend to panic and end up selling when they should be buying," says Kaiser. "By following three tips, individual investors can keep their heads on straight and likely come out of a down market relatively unscathed." Buy Global One place institutional money managers are investing is overseas. World stock markets extended their winning streak in 2007, outperforming the U.S. for the fifth year in a row, thanks primarily to huge increases in emerging markets and a weakening U.S. dollar. For example, the Dow Jones World Stock Index, excluding the U.S., increased almost 12% in 2007 (in U.S. dollars) compared with a gain of 6.4% for the Dow Jones Industrial Average. The hottest performers were in developing markets. Benchmark indexes in China, India, Turkey, Indonesia and Brazil all rose by more than 40%. Another investment possibility given a devalued U.S. dollar is buying stock in large U.S.-based multinational companies as an alternative to foreign stock. Most of these stocks have appreciated as much as many foreign stocks, and although they could go down in value, the company's global dominance could possibly cushion the blow. Buying foreign government bonds is another possible hedge in an environment with a weak U.S. dollar. Investing in overseas government bonds is based on the health of economies and not corporations. "Foreign government bonds are unlikely to fall as hard as stocks in difficult times," says Kaiser. "Another way investors can help protect their portfolio from inflation is to invest in Treasury Inflation-Protected Securities, whose principal rises with the consumer price index. Investors might also be wise to allocate some funds into gold-related investments in the event that the price of oil continues to increase and inflation continues to rise." Get Real With Investments "It's no longer news that the real estate market is suffering badly," says Kaiser. "But it may be good for high net worth individuals." In 2007, new home sales were down 34%. Since peaking in June of 2006, house prices have fallen 6.5% as of October 2007, according to the S&P/Case-Shiller Home Price Index, which measures home values in 20 cities. David Mudd, Chief Executive of government-sponsored mortgage investor Fannie Mae, expects prices to decline another 4-to-5% in 2008. "The silver lining in a depressed housing market for high-net worth individuals is that lower prices could spell opportunity," says Kaiser. "There are bargains to be found out there and now might be a good time to buy a second home or rental property. Rental income is generally believed to have some inflation-protection potential because as leases expire rents can increase." Emotions Hurt Investment Results "When stocks plunge, many investors make mental mistakes," says Kaiser. "Individual investors... To read the press release in full goto http://www.prweb.com/releases/2008/5/prweb955004.htm

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