Yesterday, Wednesday, October 01, 2014, 20 hours ago
CHW's successful negotiation with HUD to renew a 20-year contract for 81 project-based Section 8 units ensures that the property can serve vulnerable families, individuals living on fixed and minimum wage incomes, or existing homeless. CHW has a successful history as a real estate developer in urban, suburban and rural communities with a portfolio of over comprised of 31 rental communities with nearly 1,800 apartments.
Pension plans will not make it to the Supreme Court after all to intervene in a challenge against IndyMac, the justices said Monday. U.S. District Judge Lewis Kaplan, the original jurist to dismiss their claims for lack of standing, had defined such certificates "a type of mortgage-backed security that entitles its owner to a portion of the revenue stream generated by an underlying pool of residential mortgage loans."
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one.
A couple who operated four foster homes for Los Angeles County pleaded not guilty Tuesday to charges of embezzling more than $460,000. CSJ Kidogo, executive director of Little People's World, and his wife, Hitaji Kidogo, LPW's assistant executive director, have been charged with 11 counts each of misappropriation of public funds and embezzlement by a public or private officer.
"What is making me 'restless' is that I 'should' be able to live on my own. I hate the idea of the very real possibility that I may be 30 and still living with a roommate because I cannot afford to rent by myself."
Returns on single-family home rentals in San Joaquin County, as well as much of California, are relatively poor because of strong median home prices, RealtyTrac Inc. reported today. In comparing gross returns on rental homes in nearly 600 U.S. counties, based on median prices for a three-bedroom home and fair market rents, San Joaquin County stands in the lower third of the rankings, 453rd, and its 6.8 percent gross yield is well below the national average 9 percent return.
Yesterday, Wednesday, October 01, 2014, 11 hours ago
A federal judge could rule Wednesday on a bankruptcy exit plan for Stockton, an inland port city in California that in 2012 became the largest city in the U.S. to file for Chapter 9 protection before Detroit filed last year. U.S. Bankruptcy Judge Christopher Klein has scheduled a hearing in Sacramento in a trial that has lasted more than four months.
Yesterday, Wednesday, October 01, 2014, 13 hours ago
This year, for the first time, the Chinese surpassed Canadians as the top investors in American residential real estate. According to the National Association of Realtors , during the 12-month period that ended in March, investors from China invested $22 billion into the U.S. housing market.
CARETS, a service that tracks real estate activity in the Multiple Listing Service for Southern California, reports that in August 2014, an average sold home in Pasadena closed escrow at $1,099,000 at $506 per square foot. On average, single family houses sold at 100% of asking price.
Your Staff Should Look Like Your Customer Base: Capital One's Grace Huebscher Given the customer base in the banking industry, success depends on embracing diversity, says Grace Huebscher, who heads multifamily finance for Capital One. Edward J. DeMarco, who worked to shrink Fannie Mae and Freddie Mac as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute's Center for Financial Markets.