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US Real Estate

Guardian Real Estate Services Promotes Social Equity and Diversity Policy

By Alina Popescu | February 27, 2013
West Coast property management and development company Guardian Real Estate Services (Guardian) has taken action to express their long standing concern with social issues and has made a formal commitment to increase diversity in its workforce and supply chain.
Market Watch, Residential

Home Affordability on the Rise throughout the USA

By Alina Popescu | February 26, 2013
Home affordability in the US is on an upward trend, as 74.9% of homes sold in the fourth quarter of 2012 were deemed affordable to families with a US median income of $65,000, up from the 74.1 percentage of the previous quarter. These are the findings of the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).
Commercial Real Estate, Real Estate Investing, Residential, US Real Estate

InterRent Makes $18.3 Million Invesments in Ottawa Properties

By Alina Popescu | February 25, 2013
InterRent Real Estate Investment Trust has announced its intention to invest in the Canadian property market as it agreed to acquire two properties in Ottawa's west end. The value of this deal involving two ideally located properties is of $18,350,000. The acquisitions are to be financed through CMHC insured first mortgages. Situated in the Crystal Beach neighborhood, […]
Lloyds TSB
Mortgage, US Real Estate

UK Remortgaging Took Plunge in 2012, Research Shows

By Alina Popescu | February 25, 2013
In 2012, UK remortgaging activity dropped steeply compared to the levels seen at the start of 2008, showed the latest research on the topic published by Lloyds TSB. Remortgages represented 51% of total mortgage lending between January 2008 and October 2008 and fell last year to only 24%.
Investing, US Real Estate

Praxair to Finalize Investment in NuCO2 Acquisition in Q1 of 2013

By Alina Popescu | February 22, 2013
Praxair has recently announced it had agreed to buy NuCO2, one of the top providers of beverage carbonation solutions to the restaurant and hospitality industries in the US.  To make this acquisition, Praxair paid $1.1 billion in cash to the company's owners, private equity firm Aurora Capital Group. NuCO2 employs a staff of 900 who cater […]
Market Watch

Spanish Real Estate Company Reyal Urbis Files for Insolvency

By Alina Popescu | February 19, 2013
Spanish property firm Reyal Urbis has filed for insolvency today after a failed attempt at renegotiating its debts to its creditors, thus becoming the latest company to crack under the pressure of the country's real estate market dire circumstances. The company's debt at the end of September 2012 was of 3.6 billion euros.
Residential, US Real Estate

China Vanke Expands to the US with San Francisco Property Deal

By Alina Popescu | February 18, 2013
China Vanke Co, the largest Chinese stock exchange listed developer, has just closed its first property deal in the US real estate market, acquiring 70% of a residential project in San Francisco owned by Tishman Speyer Properties LP. The two companies signed the deal on February 12, but didn't make the details public.
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