Tag Archives: Daily

Foreclosures on apartment buildings surge reducing living conditions for tenants – New York Daily News

More city apartment buildings are going into foreclosure – and low-income neighborhoods in Brooklyn are among the hardest hit. The foreclosure crisis that engulfed individual homeowners has also hit larger buildings, with more getting slapped with … “apartment buildings” – … Continue reading

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Landlord ordered to pay nearly $50,000 in racial discrimination case – Times Daily

ARAB — The U.S. Department of Housing and Urban Development says a landlord in Arab has been ordered to pay nearly $ 50,000 for discriminating against a family. HUD said the landlord, 60-year-old Phillip Maze, was upset because one occupant … Continue reading

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Southern Cross care home rent cuts anger landlords – Daily Telegraph

Southern Cross, which has 750 care homes and 31,000 residents, has said it will cut its rental payments for four months over the summer as it tries to reach a long-term rescue agreement. However, sources close to negotiations say a … Continue reading

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Study: Average apartment rents in LA County expected to decline – Los Angeles Daily News

LOS ANGELES – Average apartment rents in Los Angeles County are expected to decline by 3.2 percent by the end of next year, according to a study released today by the Lusk Center for Real Estate at the University of … Continue reading

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The Daily Docket: Dish Wins Blockbuster – Wall Street Journal

For DBR SC click  here .) WSJ reports Borders Group Inc. plans to tell publishers and landlords Wednesday it has achieved major cost savings, including more than $ 30 million in rent reductions, and that it will move out of … Continue reading

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Southern Cross to appoint new head of restructuring amid rent negotiations – Daily Telegraph

The Sunday Telegraph has learnt that the new position has been created by Jamie Buchan, chief executive, as a direct result of its current financial predicament. Southern Cross has fallen prey to local authorities paying less for patient care at … Continue reading

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Arizona developer plans $40 million apartment complex in Gunbarrel – Daily Camera

Arizona developer plans $ 40 million apartment complex in GunbarrelDaily CameraPlans by an Arizona-based investment firm to construct a 250-unit apartment complex in Gunbarrel has sparked concerns among some neighbors about increased traffic and the impact that four-story apartment buildings … Continue reading

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Queens MF Trades for $19.5M – Daily News Article – GlobeSt.com

GlobeSt.com Queens MF Trades for $19.5M – Daily News ArticleGlobeSt.comAccording to Massey Knakal's year-end property report, elevator apartment buildings in Queens traded at an average cap rate of 6.03%. A spokeswoman for Massey Knakal tells GlobeSt.com that the gross rent … Continue reading

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Queens MF Trades for $19.5M – Daily News Article – GlobeSt.com

GlobeSt.com Queens MF Trades for $19.5M – Daily News ArticleGlobeSt.comAccording to Massey Knakal's year-end property report, elevator apartment buildings in Queens traded at an average cap rate of 6.03%. A spokeswoman for Massey Knakal tells GlobeSt.com that the gross rent … Continue reading

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Real Estate Weekly: COPT reports record leasing volume in 2010 – Daily Record (subscription)

Real Estate Weekly: COPT reports record leasing volume in 2010Daily Record (subscription)The Arbors at Baltimore Crossroads is a new, 365-unit luxury market-rate rental apartment community being developed by Somerset Construction Co. at Baltimore Crossroads@95. Mullan Contracting Co. of Lutherville has … Continue reading

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