Wee bit of pee in OSU Miror Lake after 'jump'

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clipped from www.dispatch.com During the big Michigan Week jump, Ohio State University's Mirror Lake and a baby pool have a lot in common. " /> Ammonia levels in Mirror Lake shot up after last year's jump. This one was in 2006. One researcher advised, "Don't open your mouth." The jump, which will take place tonight, is one of many student traditions. But Ohio State also is a research university, so it was inevitable that someone would apply a little science to this ritual. Last year, students in the College of Earth Sciences tested the water in Mirror Lake before, during and after thousands plunged in to psych themselves up for The Game. "Interesting results from last year's study include a lake-wide temperature increase of approximately 3 degrees Fahrenheit during the course of the night and an ammonia spike around 1 in the morning," said Steve Goldsmith, a postdoctoral research associate. Urine.

New Hotel Planned Just South of the Short North on North High

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clipped from www.dispatch.com The planned $140 million Hilton-Columbus Downtown convention hotel will start to rise above N. High Street next August, a project team told Franklin County commissioners this morning. "Another great project for Downtown," Commissioner John O'Grady said after seeing architectural drawings of the hotel, which include a towering glass atrium. The new hotel, to open in fall 2012, will have 10 levels but appear to rise about 13 stories given several taller floors. "It's got a new urbanism feel," Commissioner Paula Brooks said. Artists renderings of the planned hotel. Click on the image to view it larger. Commissioners have pledged $8 million for the project. That money will go into a county-controlled contingency fund, which will be used only if the hotel fails and rooms aren't booked. The development team is briefing community leaders today about the project.

Realtor group says home prices to rise 4% in 2010

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A federal tax credit of up to $8,000 for first-time homebuyers has helped stoke sales this year. The incentive was set to expire at the end of this month, but the NAR and other housing groups successfully lobbied to get the credit extended.

Now buyers can claim the credit if they sign a contract by April 30 and close the deal by the end of June. Lawmakers also expanded the program to include a $6,500 credit for existing homeowners who have lived in their current residence for at least five years.

clipped from www.usatoday.com SAN DIEGO — Home prices are expected to grow modestly next year and sales will keep rising as the housing market continues to recover from the worst downturn since the Great Depression, the National Association of Realtors said Friday. Home resales are projected to total 5.7 million next year, up from an estimated 5 million this year. Prices will climb about 4% after a projected decline of 13% this year, according to Lawrence Yun, chief economist for the trade association. "Going into 2010, I anticipate that prices will also begin stabilizing or begin to modestly improve," Yun told the audience at the association's annual conference and expo in San Diego. That should help ease buyers' anxiety. "I don't think the fear factor will be at play in 2010," Yun said. First-time buyers accounted for a record 47% of home sales this year, up from 41% last year, the trade group said.

New mural in the Short North on the wall of Magnolia Thunderpussy

Old Oaks neighborhood near Downtown Columbus enjoys a bit of a revival

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clipped from www.dispatch.com Small, close-knit and architecturally rich, the neighborhood is a pocket of stability in an area that's struggling By Mark Ferenchik THE COLUMBUS DISPATCH The Old Oaks neighborhood was one of Columbus' first streetcar suburbs a century ago. The area was platted in 1892, when an electric streetcar line was built along Livingston Avenue, said Doug Motz, a longtime neighborhood leader who lives on Oakwood Avenue. Before that, horses pulled trolleys along the street. The streetcars are long gone, and the neighborhood has had its share of ups and downs over the years, but today it's enjoying a bit of a rebirth. For instance, neighbors gather on porches every Wednesday during the summer to catch up. And they sponsor an annual holiday homes tour in December and are planning a memorial for Ohio State football legend Chic Harley, who grew up on Champion Avenue. The weekly porch chats are popular.

Real Living, the Nation's First Consumer Lifestyle Real Estate Brand Is About To Get Bigger....Much Bigger!

FOR IMMEDIATE RELEASE

REAL LIVING, THE NATION’S FIRST CONSUMER LIFESTYLE REAL ESTATE BRAND, IS ABOUT TO GET BIGGER – MUCH BIGGER

GMAC Real Estate to be Re-Branded ‘Real Living’ as Brookfield Continues Expansion and Ongoing Commitment to the Industry by Acquiring Real Living Network Services

Oak Brook, Ill. and Columbus, Ohio (November 11, 2009) – Real Living Network Services, a subsidiary of Real Living, Inc. (http://www.realliving.com), the real estate industry’s first consumer lifestyle brand franchisor, and GMAC Real Estate (http://www.gmacrealestate.com) today announced they are merging to become one of America’s leading residential real estate franchises with more than $20 billion in annual home sales.

Locally, Real Living HER (central Ohio market) and Real Living Realty Services (Dayton, Cincinnati and Louisville) will continue to be independently owned and operated franchisees. Chris Derrow, who was executive vice president of Real Living will become president of the holding company that has ownership interests in Real Living HER and Real Living Realty Services as well as Real Living Title, Real Living Mortgage and Real Living HomeGard (warranty). Clyde Corle, president of Real Living Realty Services and Pat Law will continue their leadership of Realty Services. RLHER and RLRS will remain, as they are today, franchisees of the new Real Living real estate franchisors.

“I eagerly anticipate working with an expanded network of real estate professionals, enhanced technology platforms, and a thriving relocation program,” said Chris Derrow. “This merger for Real Living Network Services will further strengthen our award-winning franchises—providing new opportunities for our real estate agents and an enhanced consumer experience.”

The move was set in motion late last year when Brookfield Residential Property Services (Brookfield RPS), a division of Brookfield Asset Management Inc. (Brookfield), acquired GMAC Real Estate. Earlier this month, Brookfield RPS acquired Real Living Network Services, a subsidiary of Real Living Inc., and as a result will now rebrand GMAC Real Estate as Real Living.

Columbus, Ohio-based Real Living is a national award-winning brand known for its innovation, customer service and track record of attracting results-driven brokers and sales professionals, along with a culture of partnership and collaboration within its network.

“In Real Living, we found the ideal partner and brand for what we are hoping to accomplish with our real estate operations, which we are committed to building even further,” said Graham Badun, Managing Partner & CEO of Brookfield Residential Property Services. “We explored a number of options, including creating an entirely new brand from the ground up, but our customer feedback and research kept leading us back to Real Living. Both companies share many of the same core values and combined will be part of a bigger, stronger network of brokers and sales professionals.”

Badun added, “We are thrilled to have Real Living as our flagship U.S. real estate brand, and welcome Real Living’s 2,000 brokers and sales associates into Brookfield RPS’ North American real estate network of almost 30,000 real estate professionals. We look forward to further expanding the size of our network by adding new franchisees that are truly looking for something fresh and different, and we are excited about the opportunity to take the brand to new markets internationally. Adopting and expanding an already established and respected brand will benefit the entire GMAC Real Estate network of brokers and sales professionals from day one,” he said.

Badun also announced the appointment of Real Living’s Harley E. Rouda, Jr., a longtime real estate industry broker, owner, operator and franchisor, as President of the newly combined operations.

Real Living was founded in 2002 and the company has grown to become one of the nation’s premier real estate companies and brands. Its technology platform has been recognized by Inman News as one of the best in the industry, the company has been named “Most Promising New National Brand” by the Swanepoel TRENDS Report, and Entrepreneur Magazine listed Real Living as one of the Top 50 New Franchises.

“We brought a truly fresh approach to the industry earlier this decade when we launched Real Living as the first-ever consumer lifestyle real estate brand, and we will continue to do so by bringing new programs, services, support, training and technology, to our brokers and sales professionals,” Rouda, Jr. said.

“There is an incredible need for a broker and agent-centric brand that is consumer-focused, yet managed by an experienced team that understands real estate. Combined, Real Living and GMAC Real Estate have that team as well as a truly differentiated brand,” he said.

Brokers and sales professionals looking for more information on the launch and rollout of the Real Living brand can view RealLiving.com for more about the announcement. Company executives will also be available at this week’s annual NATIONAL ASSOCIATION OF REALTORS® Conference & Expo in San Diego.

About Real Living
Real Living is a full-service real estate company with a comprehensive and integrated suite of resources and services for franchisees, sales professionals, and consumers. Real Living was named one of the best new franchisors by Entrepreneur magazine. The firm also won the Inman Innovator Award and was named the most promising new national brand by the Swanepoel TRENDS Report. For more information, visit http://www.realliving.com

About GMAC Real Estate
GMAC Real Estate is one of the industry’s leading real estate firms with offices throughout the United States, Canada and Portugal. The company’s unique service delivery model, Premier Service®, has earned it a national Customer Satisfaction Rating of 95% since its inception in 2002 – the best in the industry. For more information, visit http://www.gmacrealestate.com

About Brookfield Residential Property Services
Brookfield Residential Property Services is a division of Brookfield Asset Management Inc., a global asset manager focused on property, power and infrastructure assets. Brookfield has approximately USD $90 billion of assets under management and is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM and on NYSE Euronext under the symbol BAMA. Brookfield Residential Property Services was named in the 2009 Swanepoel TRENDS Report as the number one real estate trendsetter in 2008. For more information, visit http://www.brookfieldrps.com

# # #

For more information please contact:
Caitlin Murray
Real Living, Inc.
(614) 273-8573
mailto: Caitlin.Murray@RealLiving.com

French Wine & Artisan Cheese Shop Opening Soon in the Short North

clipped from www.columbusunderground.com When the Ohio Art League moved out of their Short North gallery location in September, it didn’t take long for the windows to get papered up and a mysterious new “Coming Soon…” sign to appear. The new store may not have a name just yet, but entrepreneur Yusef Riazi is already working around the clock at filling his new venue with character. His focus for the shop is on French wines and artisan cheeses, but will also showcase a variety of fresh local breads, cured meats, soups, sandwiches, salads, and more. “My passion is French wine,” explained Yusef. “Nobody in Columbus has really touched upon the French village wine market. I also plan on featuring artisan cheeses, and I have a wonderful baker who uses seasonal, local, product-driven ingredients in his breads. The charcuterie is another big part of this… cured and dried meats are also something just barely touched on in Columbus.” This former art gallery at 954 North High Street is roughly 900 square feet