Topic: Real Estate
Farkas all set to buy Centerline Holding Co: report
Reuters US Online Report Business News
(Reuters) - U.S. real estate investor Andrew Farkas is all set to buy Centerline Holding Co, a provider of real estate financial and asset management services, by investing $100 million in equity in the company, the Wall Street Journal said. Farkas will also assume $180 million of Centerline's debt ...
HFF elects 2 new directors to board
AP News
HFF elects private investment firm president to board, elects new lead independent directorHFF Inc., which provides commercial real estate services, said Friday it has elected the president of a private investment firm, Steven E. Wheeler, to its board. HFF also said that a current member, John Z. Kukral, will not ...
Lawmaker is working to improve loan modifications
AP News
Key House member is working to improve loan modification program to reduce foreclosuresA key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government's struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe. Rep. Barney Frank ...
China to rein in soaring property prices: Wen
AFP Asian Edition
China on Friday pledged to rein in soaring real estate prices, curb speculative investment and expand low-cost housing amid fears of a damaging property bubble in the fast-growing economy. In an address to the annual session of parliament, Premier Wen Jiabao said Beijing would crack down on illegal practices aimed ...
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