Investing
Update: American Realty Increases Buying Bid for Cole Credit
"Another Housing Bubble?" Home Price Spike Fuels Analysts' Concern
Lenders Lowering Standards for Credit Concession, Study
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Data from the National Association of Realtors reveals that new contracts signed for homes remained flat in February – a indicator that the market is picking up competitiveness. Chinese Real Estate Investors Continue to Invest Outside the Country
Shanghai-based Greenland Group is building a residential and hotel development in Sydney while another Chinese developer, China Vanke, is building a project in San Francisco, as the country's real estate investors continue to invest heavily outside of China, according to the Wall Street Journal. Mortgage Lending Capacity Lag Slows Housing Recovery
Though things are certainly improving, the housing market is not out of the woods quite yet. And the fact that there aren't enough homes to buy is not everything. Update: Empire State Building IPO Deadline Delayed
The much-talked about and controversial IPO voting of New York’s Empire State Building has been delayed beyond next week as a number of investors are still against the plan. Malkin Holdings agreed to move the final voting date to April 8 from the initially scheduled March 25. The extension was made in order to allow the Supreme Court to analyze on the prospective of buying out the opposing investors for $100. Update: Cole Credit Trust Refuses American Realty’s $5.7 Billion Acquisition Offer
Cole Credit Properties Trust Inc has declined the $5.7 billion acquisition offer that American Realty Capital Properties had offered. The company has rejected the bid stating that the offer was not in the best interests of its shareholders and it would pursue buying Cole Holdings Corp. Home Equity is Back After 4-Year Leave
For the first time in 4 years, homeowners are withdrawing more cash from their home’s equity than they are depositing, Capital Economics reports. Freddie Mac Mishandling Homeowners Complaints, Audit Reveals
Freddie Mac is not handling homeowners mortgage complaints as good as they should, federal officials announced Thursday. American Realty Offers to Buy Cole Credit Property Trust for $5.7 Billion
American Realty Capital Properties has reportedly offered to buy Cole Credit Property Trust Inc. for around $5.7 billion in an effort to create one of the largest public real estate investment trusts which will focus on leasing space to single tenants (net-lease sector). MIG Real Estate Expanding in Arizona; Acquires Two Hotels
MIG Real Estate, a major California-based real estate firm announced its expansion in the state of Arizona with two new hotel acquisitions in its capital city, Phoenix. MIG’s expansion comes as an effort to invest more in the growing real estate market of the U.S. Farallon Capital Launches New Real Estate Fund Worth $400 Million
Farallon Capital Management LLC, a global investment firm is launching a new real estate fund seeking to raise up to $400 million. the company has set aside a separate fund exclusively for its asset class and hopes to pitch the fund to its existing investors to gain a 20 percent internal rate of return.
