A report from the Wall Street Journal. "After the coronavirus pandemic shut many businesses this spring, the three major credit-ratings firms placed about 2,400 bonds tied to pools of corporate loans on review for possible downgrades. The potential wave has…
A report from CBS New York. "As New Yorkers flee the city amid the coronavirus pandemic, parts of the city’s real estate market are rife with empty apartments. CBS2’s Jessica Moore reports the industry is dealing with nearly record low…
It's Friday desk clearing time for this blogger. "The figures from the Greater Boston Association of Realtors point to a market that, while certainly pricey, is significantly less frenzied than it was a year or two ago, when buying a…
A report from the Commercial Property Executive. "Does multifamily property management have a particularly weak spot right now which could be hit in case of a recession? Diana Batayeh, the CEO of Village Green: Building new apartments and improving existing…
A report from Bloomberg. "The subprime mortgage-backed bond may be dead in America a decade after it helped trigger the global financial crisis, but a security with some of the same high-risk characteristics is starting to take off. It’s called…
A report from the Miami Herald. "About two years ago, Janet LeGrand — also known by her maiden name, Janet Garcia — used what Homestead police called a fake engineering firm and a falsified résumé to try to dupe the…
It's Friday desk clearing time for this blogger. "'The slow-down in the New York market can be attributed to the glut of high-end apartments in New York City, which have sat longer on the market as foreign investments in New…
A report from the Wall Street Journal. "New York’s high-rise developers may soon lose a popular source of cheap funding. U.S. immigration authorities published on Wednesday a new rule that will make it tougher for real-estate developers to fund their…
A report from This Garden Island on Hawaii. "The real estate market on Kauai remained relatively strong through the first half of 2019, but overall sales figures across the island are down from this time last year, and the market…
A report from the Santa Cruz Sentinel in California. "On some blocks in Old Palo Alto, $9 million doesn’t even buy a roof. Take the nice vacant lot with the for sale sign on Bryant Street near Coleridge Avenue. But…