Economy Watch: Lenders Getting Back in the Foreclosure Groove?
The pace of foreclosure filings rose modestly in January; the industrial sector is getting its legs; and Ron Paul spouts off about Bernanke and the Fed.
Demand Pushes Value Companies to Pick Up Development Pace
Middletown, N.Y.–Renters snatched up residences at Value Companies’ recently completed The Point at Sutton Hill in a hurry, prompting the company to commence construction of The Point’s next set of buildings way ahead of schedule.
Enterprise Named Freddie Mac Targeted Affordable Housing Lender
Columbia, Md.–Freddie Mac has given Enterprise approval to originate affordable multifamily loans nationally on its behalf.
Economy Watch: More U.S. Homeowners Underwater in Fourth Quarter
The housing hangover continues; the House holds hearings on the future of the GSEs; and Bernanke beats his drum about the perpetually ballooning deficit.
Sarno and Neuer Join CBRE
Saddle Brook, N.J.–Joseph Sarno and Jeremy Neuer have joined CB Richard Ellis–Sarno as executive vice president and Neuer as senior vice president.
Economy Watch: U.S. Home Prices Flat Between 2009 and ’10
Home prices have yet to hit bottom; small businesses are a bit less trepidatious; and the Fed attempts to define nonbanks that are too big to fail.
‘The Accidental Economist’ with Jack Kern: The Tunnel at the End of the Light?
Inflation might increase at a rapid trajectory, sinking much of what was gained in the past six months.
Blu Realty Launches Full-Service Brokerage Company
New York–Blu Realty Group, a New York City-based full-service real estate firm, has launched.
USD’s Coyote Village Becomes South Dakota’s First LEED Gold Residence Hall
Vermillion, S.D.–Coyote Village, a 550-bed student housing building at the University of South Dakota, has become the first residence hall in the state to earn LEED Gold certification from the U.S. Green Building Council.