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WASHINGTON, D.C. — Seasoned residential property appraisers are outraged over current industry practices that they claim allow conflicts of interest by major lenders and their affiliated appraisal management companies, and the appraisers warn that...
It’s been a busy week for President Barack Obama. On Tuesday he signed into law his $787 billion economic stimulus plan. Earlier today, he unveiled a $75 billion program to stem the tide of home foreclosures. To what extent will these moves...
Sometimes it's hard to see the answer clearly when the proposed solution is more complicated than it needs to be. That's the problem with the mark-to-market accounting concept. In an economy that continues to decline, this rule has forced the...
In early December, the City of Chicago raised sorely needed cash — roughly $1.83 billion — by leasing most of its parking meters to a consortium of three infrastructure funds for 75 years...
American Continental Properties, LLC appointed Levin Management Corp. as leasing and managing agent for Monroe Plaza, a 156,000-sq.-ft. grocery-anchored shopping center in Monroe, N.Y...
Mezzanine lenders are tripping over each other in their haste to accommodate hungry borrowers. Each week brings news of another commercial real estate fund amassing capital to make or acquire mezzanine loans, which are secured by the stock of the...