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Tag: real estate
Disaster won't affect long term real estate market
2015-06-24 03:19:39| Real Estate - Topix.net
While local realtors acknowledge that property sales and prices in Cache Creek will be affected in the short term following last month's flooding, they agree that both will recover in time. Kelly Adamski of ReMax Golden Country Real Estate and Hedda Hall of Royal LePage Ashcroft Realty feel that prospective buyers in Cache Creek will be sceptical about some properties in the areas that were hardest hit.
Struggling MTA sees extra cash from real estate boom
2015-06-23 18:12:38| Railroads - Topix.net
As the New York City real estate market continues to hit record highs, the cash-strapped Metropolitan Transportation Authority is seeing revenues from real estate taxes that far exceed the numbers in its budget. The Authority has received 40 percent more in real estate-related tax revenues this year than what it budgeted for - a total of $732.4 million, according to a report presented to the agency's board on Monday.
Money Laundering Crackdown in Real Estate Sector?
2015-06-23 02:18:43| Real Estate - Topix.net
The Director of the Financial Crimes Enforcement Network recently gave a speech in San Francisco regarding the agency's investigative priorities. Director Jennifer Shasky Calvery's comments drew media attention because she mentioned the need for more transparency of real estate transactions negotiated by professionals .
Tags: real
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real estate
Lone Star Funds buying real estate investment trust Home Properties for about $4.36 billion
2015-06-22 15:59:58| Real Estate - Topix.net
Dallas' Lone Star will pay $75.23 per Home Properties share, a 3 per cent premium to the real estate investment trust's Friday closing price of $72.73. Separately, Home Properties Inc. is exchanging a portfolio of up to six properties with UDR Inc. for a combination of cash and newly issued units of a new subsidiary of UDR.
Lead Capital canvasses banking reforms to grow real estate market
2015-06-21 22:17:43| Real Estate - Topix.net
The Chief Executive Officer of Lead Capital Plc, Prince Abimbola Olashore, has said that to unlock opportunities in Nigeria's real estate market, the financial sector has to be reformed, fair banking practices have to be adopted and better supervision has to be focused on. He explained that this will also stabilise prices in the long run and help to utilise the 17 million deficits in the real estate market which represents a huge opportunity.
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