Hammerson Redeploys in Search for Growth
The U.K. office and retail REIT’s strategy is to sell mature properties in order to raise cash for new investments.
Filed under: Moving Service |
SL Green Sale Signals Pickup in New York
German company Deka Immobilien Investment will buy 19 West 44th St. for $123.2 million, or about $422 a square foot.
Filed under: Moving Service |
Builders Walk Away From Land Deals
Some home builders are re-examining land contracts, asking sellers for lower prices or abandoning deals entirely.
Filed under: Moving Service |
Toll Sails Against Some Headwinds
The luxury-home builder plans a tony development along Florida’s Intercoastal Waterway.
Filed under: Moving Service |
Summary Box: Plan to help “underwater” borrowers (AP)
AP - NEW FORECLOSURE PLAN: The Obama administration is trying to revive its attempts to tackle the foreclosure crisis with a new effort to assist homeowners who owe more on their properties than their homes are worth.
Filed under: Moving Service |
Hotels Poised to Shed Properties
With the U.S. hotel market recovering, some of the country’s largest hotel companies are ready to resume their efforts to divest themselves of real estate.
Filed under: Moving Service |
Gov’t launches plan to help “underwater” borrowers (AP)
AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
Filed under: Moving Service |
Mo. drops appeal of real estate ballot measure (AP)
AP - An initiative barring taxes on home and land sales is clear to appear on Missouri’s ballot after the state dropped an appeal Friday of a judge’s decision ordering the election.
Filed under: Moving Service |
Con man could get life under Calif. 3-strikes law (AP)
AP - A man accused of bilking elderly South Los Angeles residents out of their homes in a foreclosure scam is facing a potential life sentence in a rare use of California’s three-strikes law for a white-collar crime.
Filed under: Moving Service |
Oil prices rise after mixed economic news (AP)
AP - Oil prices ended higher Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.
Filed under: Moving Service |