Economy: Page 160
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Freddie Mac Announces First K-Deal of the Year
It's a seven-year-term, billion-dollar offering backed by multifamily housing mortgages.
Jan. 17, 2012 -
Beijing to Continue Property Curbs
The Beijing municipal government will continue home-purchase restrictions this year to curb speculation and reduce prices, the city's mayor said.
Jan. 17, 2012 -
Commercial Property Sales Plunge
Jitters over the European debt crisis and stagnant office rents contributed to a drop of more than 40% in sales volume in Manhattan's commercial real-estate market during the last quarter of 2011, according to a new report.
Jan. 17, 2012 -
Return of the Reverse Mortgage
Converting home equity into cash has been a challenge for homeowners since the real-estate downturn, but a growing number of lenders are quietly reviving a loan for seniors that does just that: the reverse mortgage.
Jan. 17, 2012 -
Fannie, Freddie Face Pay Cuts
Regulators will sharply cut the pay of the new chief executives of Fannie Mae and Freddie Mac, which may make it difficult for the struggling mortgage-finance giants to attract and keep qualified CEOs.
Jan. 17, 2012 -
Loan Default Rates Edge Up in December
Data from five major markets found defaults on mortgages and some other consumer loans were up at year's end.
Jan. 17, 2012 -
Room at the Top Is a Bad Thing for Mortgages, Bank Exec Says
The CEO of J.P. Morgan says that no one is steering the ship when it comes to fixing the housing market.
Jan. 17, 2012 -
NAHB Brings Gingrich to Speak for Homeownership
The builders' organization found a kindred spirit for its "Rally for Homeownership" campaign.
Jan. 17, 2012 -
Economists Think Home Prices Are Done Sinking
Economists polled by Reuters said the Case-Schiller Home Price Index probably has touched bottom.
Jan. 17, 2012 -
Westport Picks Up Scottsdale Financial Center II
The acquisition is the investment manager's second Phoenix-area property.
Jan. 17, 2012 -
Mitsui Fudosan Takes 80% Stake in D.C.’s Homer Building
Mitsui Fudosan America Inc. bought into the office property a few blocks from the White House.
Jan. 17, 2012 -
Brookdale Acquires 1.4 MSF Dallas Office Complex
Brookdale Investors Six L.P. has just added 1.4 million square feet of Class A office space to its portfolio with the acquisition of The Towers at Williams Square in Irving, Tex.
Jan. 17, 2012 -
FDIC Closes on Third IMP Sale
The sale under the Investor Match Program moved a quarter of a failed Washington State bank's assets.
Jan. 17, 2012 -
Tracking Multifamily's Ever Widening Spreads
Multifamily is hot right now, but cap rates show that some classes are hotter than others.
Jan. 17, 2012 -
UGL Adds Chicago-based Cap Markets Group
CHICAGO-The Sydney-based firm, which recently took over DTZ, will provide transaction services for acquisitions, dispositions, SLBs, workouts, and more. Plus more Midwest news.
Jan. 17, 2012 -
CoreLogic, FICO counting rent in credit scores
Credit-reporting companies CoreLogic and FICO now include rental payments in determining credit scores.
Jan. 16, 2012 -
Loan Applications Up 4.5% This Month
Mortgage bankers's numbers show loan applications were up the week of Jan. 6.
Jan. 16, 2012 -
Housing Market's Economic History
An analysis by Philip J. Anderson looks at real estate bubbles throughout U.S. history,
Jan. 13, 2012 -
Deals: UDR/MetLife JV Completes $630M NYC Buy
UDR/MetLife, Beech Street Capital and Walker & Dunlop wrap up multifamily transactions.
Jan. 13, 2012 -
MetLife Buys Chicago Tower from LYND
The 249-unit EnV building is know for its distinctive design.
Jan. 13, 2012 -
Encore Wins Financing for Next Apartment Project
Encore Multi-Family LLC has closing on the financing for the its next ground-up development project, a garden-style apartment property in the Denver suburb of Thornton. T
Jan. 13, 2012 -
Crossbeam Begins Development on 270 Units
The project in Mira Loma, Texas, is the company's first commercial development.
Jan. 13, 2012 -
Jake Harrington Named On-Site’s CEO
On-Site.com has promoted co-founder Jake Harrington to be chief executive officer.
Jan. 13, 2012 -
UDR, MetLife Team Up to Buy Columbus Square
UDR Inc. said Thursday that it formed a joint venture with MetLife Inc. that paid $630 million for Columbus Square, a complex of five high-rise apartment buildings on Manhattan's Upper West Side.
Jan. 13, 2012 -
Feds Eying Sale of Foreclosures as Rentals
The FHA, Freddie Mac and Fannie Mae may be looking at putting forclosed homes into the rental market.
Jan. 13, 2012
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