Tuesday, September 30, 2008

Will AIG sell Atlantic Station to pay for its bailout?

The new chief executive of American International Group said the insurance giant will have a list next week of the assets it plans to sell to repay its $85 billion federal loan. Will Atlantic Station be in the mix?

AIG Global Real Estate, a subsidiary of AIG, is the majority owner of the unfinished mixed-use development in Midtown.

Friday, September 5, 2008

Asian Real Estate Association Launches Atlanta Chapter

A national real estate trade association that seeks to promote home ownership among Asian-Americans launched its Greater Atlanta chapter at a gala Aug. 23.

The Asian Real Estate Association of America, or AREAA, educates housing-related professionals who serve Asian Pacific American communities around the country.

The organization was founded in 2003 and now has 12,000 members across 38 states. Its Atlanta chapter was created in May but was officially inaugurated at the gala.

AREAA seeks to help Asian homebuyers overcome the linguistic, cultural and knowledge barriers that cause lower Asian home ownership rates in the U.S. relative to other ethnic communities.

Trulia Real Estate - Atlanta