Freddie Mac Exec to Join Beech Street
Bethesda, Md.–Beech Street Capital has appointed Michael Edelman as senior vice president of production management.
Economy Watch: Non-Official March Jobs Numbers Not Bad
Public-sector jobs took a big hit, but private-sector cuts weren’t bad; the shadow inventory of U.S. homes is slightly less huge; and the Fed is looking for a high bidder for subprime MBS bonds.
Economy Watch: Case-Shiller Reports Continuing Home-Price Contractions
Single-family prices are down, along with consumer confidence, and the IBIS releases its doomsday report on dying industries.
Colliers Recruits Maling Brothers to L.A. Office
Los Angeles–Colliers International has recruited top senior brokers, Christopher Maling and David Maling, a.k.a. The Maling Brothers, to its downtown Los Angeles office.
‘The Accidental Economist’ with Jack Kern: Major Bank Discovers Young Homebuyers–News at 11
I had a great laugh today. On one of the newswires there was a headline article about how a major national bank discovered that millennials might represent the biggest home-buying cluster to come along in years.
LCOR Residential Adds 1,200 Apartments to Its Management Portfolio
LCOR Residential Management landed three new management assignments, increasing the the company’s management portfolio by 1,200 apartment residences.
Economy Watch: Consumer Income, Spending Rise in February
Personal income and expenditures were up in February; pending homes sales were up slightly as well; and a gender discrimination suit against Wal-Mart reaches the Supreme Court.
JLL Merges Operations with Keystone in Charlotte
Charlotte, N.C.–Jones Lang LaSalle has merged operations with Keystone Partners.