Real Estate News - Lu Ann Donnelly-Willemen

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WSJ.com: Real Estate
Reviving a Hollywood Icon	5/24/2012 5:46 PM
A couple undertake an arduous renovation to update an architecturally significant Hollywood Hills home designed by John Lautner.
A Miami Beach Estate Goes on the Market for $45 Million	5/24/2012 9:34 PM
Leroy Schecter's Miami Beach estate asks $45 million; Blaine Trump lists a Millbrook, N.Y., home for $17.5 million; a Ocala, Fla., equestrian estate goes on the auction block.
A New Zealand Vineyard	5/25/2012 1:50 AM
Asking $6.5 million, this property sits in the Marlborough region of New Zealand, near the top of the country's South Island. It includes 55 acres of grapes, producing Pinot Blanc, Pinot Gris, Pinot Noir, Chardonnay and Sauvignon Blanc.
Philadelphia Manor Seeking Restoration	5/24/2012 9:10 AM
This 40-acre property dating back to the 1920s includes four houses, a two-story barn and charms for a home restoration buff.
Lehman to Buy All of Archstone for $1.58 Billion	5/24/2012 6:51 PM
Lehman Brothers has struck a deal to buy the 26.5% stake that it doesn't already own in apartment giant Archstone for $1.58 billion, giving competing bidder Sam Zell's Equity Residential $150 million.
Buyback of Loans Forced on BofA	5/23/2012 8:13 PM
Freddie Mac forced Bank of America to buy back $330 million of mortgages originated over the past two years after the mortgage-finance giant challenged the lender over technical issues with how the loans were manufactured.
New-Home Sales Fuel Optimism on Housing	5/23/2012 5:26 PM
Sales of newly built homes in the U.S. increased in April, another sign that the long-struggling housing sector is finding its footing.
Pieces of a Mansion Puzzle on Block	5/23/2012 10:32 PM
The dream was to eventually unite all of the nine apartments in the building at 828 Fifth Ave., recreating the original single-family mansion with its large public rooms restored.
Rise in Home Sales Points to Rebound	5/22/2012 8:35 PM
Sales of previously owned homes rose at a robust clip in April—and prices jumped—the latest indications that the hard-hit housing market is recovering.
Simon Property CEO Pay Rejected	5/22/2012 9:54 AM
Shareholders in Simon Property rejected an eight-year compensation package awarded to Chief Executive David Simon, which included an annual base salary of $1.25 million and stock awards valued at $132 million over the eight-year term.

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