Economy: Page 150
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Waiting for the New Freddie Mac CEO
The worst thing Congress can do is let the GSEs die a death by a thousand cuts, Willy Walker tells GlobeSt.com's Erika Morphy.
By Ron Gallagher • April 16, 2012 -
W.P. Carey Makes Key Promotions
As a means to diversify the company's acquisitions and CPA series, the sale-leaseback leader has promoted Jason Fox and Gino Sabatini as co-heads of global investments.
By Ron Gallagher • April 15, 2012 -
Explore the Trendlineâž”
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Consumer Sentiment Takes Slight Dip From Year-High
It's not a big drop, but confidence recedes from last month's post-recession high going to 75.7.
By Ron Gallagher • April 13, 2012 -
LIHTC Program on the Chopping Block
Some see the the Low Income Housing Tax Credit getting lost or cut back severely in congressional budget wrangling.
By Ron Gallagher • April 13, 2012 -
Construction Materials Prices Up 1.4% in March
Nonresidential construction materials were up more, 1.6% from February and 4% from the year before.
By Ron Gallagher • April 12, 2012 -
MHN Interview: Nicholas Dunlap of the Dunlap Property Group
Nicholas Dunlap gives insight into the multifamily industry and his growth in the family business.
By Ron Gallagher • April 12, 2012 -
Manhattan Multifamily Sees Price Increases
The average sale price for an apartment in the first quarter was $1.9 million, up 9% from 2011.
By Ron Gallagher • April 12, 2012 -
Oklahoma City Economy Promotes Multifamily Expansion
At 5.5% unemployment, the area has plenty of people looking for housing.
By Ron Gallagher • April 12, 2012 -
REO-to-Rent Market Could Touch $100B This Year
Investors who are making rentals from foreclosed single-families are seeing the most traffic in Florida and the Midwest.
By Ron Gallagher • April 12, 2012 -
Foreclosures: Things Are Looking Up by Going Down
RealtyTrac found that fourth-quarter 2011 foreclosures hit a 2007 level.
By Ron Gallagher • April 12, 2012 -
Beige Book Notes Multifamily Activity, Variable Residential Growth
The Federal Reserve Bank's latest report on the economy says residential construction is variable from market to market.
By Ron Gallagher • April 12, 2012 -
AIG Plans Return to U.S. Property Investing
AIG until recently had been dismantling what was once a $24 billion real-estate portfolio packed with trophy properties.
By Ron Gallagher • April 10, 2012 -
Nine Signs the Housing Market Is Turning Around
The CEO of JP Morgan tells investors what he sees, low prices and foreclosure overhang notwithstanding.
By Ron Gallagher • April 10, 2012 -
Global Cross-Border Investment Benefits U.S.
When in doubt, equity from sovereign funds, oil-rich regions and investors moving away from riskier markets is still often U.S.-bound.
By Ron Gallagher • April 10, 2012 -
Indian Firm Wants to Book the Plaza
An Indian group made an unsolicited $600 million offer to buy the storied Plaza Hotel in New York.
By Ron Gallagher • April 10, 2012 -
Florida Boasts Six of Top 10 Metro Areas With Greatest Home Price Increase
Miami, Orlando are among the ones on the list.
By Ron Gallagher • April 9, 2012 -
Tax Fight Over Empire State Building
One view is that some investors will pay more tax than they will get in proceeds if the IPO flies.
By Ron Gallagher • April 9, 2012 -
Goodbye Freddie and Fannie
Advisers all stand to gain from winding down the agencies. Ask a home builder whether it should happen, and you will get a whole other answer.
By Ron Gallagher • April 9, 2012 -
CMBS Delinquencies Spike Again in March
The next 12 months will see nearly $67 billion of CMBS loans due to mature, about 13% of which are already in special servicing, says Morningstar.
By Ron Gallagher • April 9, 2012 -
AIG Provides $90M Retail Acquisition Loan
AIG has become more active in the market lately, Walker & Dunlop's Paul Wallace tells GlobeSt.com's Erika Morphy.
By Ron Gallagher • April 9, 2012 -
Building Trades President Mark Ayers Is Dead
Neither the cause nor the location of his April 8 death were released.
By Ron Gallagher • April 8, 2012 -
CoreLogic Home Price Index Inches Up From January to February
With distressed sales filtered out, the increase was 0.7%, but year-over-year was down.
By Ron Gallagher • April 6, 2012 -
Construction Employment Fell from Feb. to March, but Is Up From 2010
Federal numbers show the construction unemployment rate is about steady month-to-month, but has decreased from a year ago.
By Ron Gallagher • April 6, 2012 -
Deutsche Bank Study: Home-Owning Is 15% Cheaper Than Renting
It's a change. In the past, renting had consistently been about 10 percent cheaper than buying.
By Ron Gallagher • April 5, 2012 -
Macquarie Plans $2B for U.S., Canadian Infrastructure
The Australian bank is the world's largest investor in infrastructure assets.
By Ron Gallagher • April 5, 2012
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