Blackstone Group LP, the world's largest private equity
investor in real estate, has almost finished raising its next
flagship global real estate fund, amassing $15.8 billion, a person
familiar with the matter said on Monday. From buying single-family
homes in the United States to distressed commercial property in
Europe, real estate has overtaken private equity as Blackstone's
most high-profile ...
A sprawling lakefront property where former Takapuna mayor
Fred Thomas and his wife, Mary, raised their nine children is for
sale by tender.He liked to observe: "Takapuna is a great place to
live - let's keep it that way."The...
Zephyr Real Estate is pleased to announce the appointment of
Erinn Millar as Sales Manager for its new Marin office, scheduled
to open imminently at the Bon Air Center in Greenbrae. Millar is a
Marin County ...
By Mr. Propwise Home buyers with loans pegged to the
Singapore Interbank Offered Rate (SIBOR) have recently had some
unpleasant experiences with their ballooning mortgage repayments.
First, we saw the three-month SIBOR rise above 1 per cent for the
first time in six years. This means all loans pegged to it will
start to re-price
LISLE, Ill. -- Midwest Real Estate Data (MRED), Chicagoland's
multiple listing service (MLS), has announced that it is time again
for MREDpalooza! MREDpalooza 2015, one of the largest MLS tech
expos in ...
The index of pending sales increased 3.1 percent to 106.9,
the highest since June 2013, after a 1.2 percent gain the prior
month that was smaller than initially estimated, figures from the
National Association of Realtors showed Monday in Washington. The
median forecast of 35 economists surveyed by Bloomberg called for a
0.3 percent rise.
Hunt Mortgage Group, a commercial real estate lender,
announced today that it has provided a $5.904 million portfolio
bridge loan to finance the acquisition of a Patio Village
Apartments. The borrower ...
NFP, a leading insurance broker and consultant that provides
employee benefits, property & casualty , retirement, and
individual insurance and wealth management solutions, continues the
national expansion of its P&C division with the acquisition of
Weber’s Insurance Service Inc.
CNL Commercial Real Estate continues to expand its presence
in major Florida markets by bringing on three senior-level team
members, Greg Main-Baillie, Gabriel De Jesus and Andrew Hawkins, to
its offices ...
Integra Realty Resources and National Bureau of Property
Administration today announced a partnership to provide commercial
property tax appeal services to their respective clients
nationwide. Through ...
Wheeler Real Estate Investment Trust, Inc. announced today
that the Company has entered into a contract to acquire Beaver Ruin
II Village , a 34,925 square foot shopping center located in
The receding likelihood of a base rate rise in 2015 has a
sparked a price war between banks and building societies The number
of mortgages take out for house purchases and remortgages increased
in February, figures from the Bank of England showed, as rates
continued to fall and lenders got to grips with affordability
rules. Related: Ignore the ‘experts’ and split your mortgage two
ways Early ...
British mortgage approvals hit a six-month high in February,
rising for a third straight month and suggesting the housing market
could start to regain momentum, Bank of England data showed on
Monday. Mortgage approvals for house purchases numbered 61,760 in
February, up from 60,707 in January. Analysts in a Reuters poll had
forecast 61,500 mortgage approvals were made in February. The
number of ...
Slashing tax breaks for property investors would mean more
expensive rents and less homes to go around, industry groups say,
as the government kicks off its tax reform debate. The government's
tax discussion paper calls for debate on negative gearing and
capital gains tax (CGT) discounts, which reduce tax liabilities for
investors and have been blamed for driving up property prices. It
The High Court has ruled that an Auckland North Shore
property at 2/57 Northboro Rd, Belmont must be sold because of
$59,393 unpaid rates.Auckland Council has just released information
on the unusual situation, saying the vacant...
(Bloomberg) -- U.S. investors are buying European commercial
property at a record pace as the dollar’s eight-month rally and
struggling economies on the continent make offices, shops and
Move over, Yelp. The federal government's top consumer agency
has just begun allowing mortgage borrowers to vent publicly — in
full narrative detail — about the bad experiences they've had with
Q: I live in a rural area with very high property values.
Building codes are extremely stringent, and any construction is
ultimately subject to our state coastal commission approval. One of
my neighbors recently built a small residence without obtaining a
NEW YORK -- Gainey McKenna & Egleston announces that a
class action lawsuit has been filed in the United States District
Court for the Southern District of New York on behalf of all
persons or entities ...
Decades after modular home building was touted as the wave of
the future in real estate, the actual number of modular homes built
in the U.S. is still small -- about 14,000 last year. While growth
is slow, proponents see several factors that could boost modular
construction's popularity. Modular homes -- built in a factory to
local building codes and assembled on-site -- made up less than 1.5
CHICAGO and ALMENA, Wis., March 25, 2015 /PRNewswire/
-- The Federal Home Loan Bank of Chicago (Bank) today
announced that Impact Seven, a nonprofit Community Development
Financial Institution (CDFI) headquartered in Almena, Wisconsin,
has been named a partner of the Community First® Fund and is the
recipient of a $7 million, 10-year loan. The Community First Fund
is a $50 million revolving loan ...