Feb 23 2009
By Bob Howard
Olympic Studios
SANTA MONICA, CA-Developer Neil Shekhter of NMS Properties thought small to create his recently opened Olympic Studios, a project of 165 two-story lofts where the units average 375 square feet and rent for $1,061 to $1,327. Shekhter has rented out [...]
Sep 19 2008
NEW YORK (CNNMoney.com) — As part of the massive housing rescue bill passed by Congress in July, troubled borrowers will be able to refinance their home loans with the backing of the Federal Housing Authority (FHA) starting on October 1.
But at a congressional hearing today in Washington, lenders didn’t seem terribly enthusiastic about the program, [...]
Sep 11 2008
Red Mountain Retail and Allied Retail Partners have selected real estate investment management firm Buchanan Street Partners to structure all necessary capital for the $218.4 million development of El Portal Entertainment Center in South Gate, about 15 miles south of Downtown Los Angeles.
The nearly 500,000-square-foot regional multimedia-themed regional shopping center is being designed to target [...]
Sep 09 2008
A primer on the two mortgage giants and why you should care about the government takeover.
By Alana Semuels, Los Angeles Times Staff Writer
September 8, 2008
Most borrowers never come into contact with mortgage finance giants Fannie Mae and Freddie Mac. That’s because the companies work with lenders rather than consumers.
Nevertheless, Fannie and Freddie play an [...]
Sep 04 2008
Investor Acquires 15-Unit Complex in Los Angeles
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Sep 02 2008
California lawmakers passed a bill aimed at cutting carbon-dioxide emissions by rewarding cities and counties that prevent urban sprawl and improve public transportation.
The bill’s proponents and transportation experts say it is the first measure in the nation to link government transportation funding with urban planning and CO2-reduction goals. Senate Bill 375 contends that cutting back [...]
Aug 20 2008
By Joel Burslem on Monday, August 18, 2008 Filed Under: Blogging, Internet
Tags: Real-Estate-2.0, Real-Estate-Marketing
In its September 2008 issue, alongside its reviews of tub cleaners and organic produce, Consumer Reports turns its critical eye on the real estate industry.
The publication polled a sample of 3753 readers who sold or tried to sell a home, 4029 [...]
Aug 19 2008
The government’s condition-laden plan to aid at-risk borrowers makes it clear: This won’t be a free ride.
By Kenneth R. Harney, Washington Post Writers Group
July 20, 2008
WASHINGTON — After six months of haggling and political gamesmanship, a massive housing-relief bill is heading for final approval.
Though it has hundreds of pages and dozens of [...]
Aug 18 2008
As times and loan conditions change, Milan Properties are ahead of the ball as they adapt with the changing times. With strong relationships with Deutsche Bank and Resource Real Estate and a fantastic credit history, the loan processing is all but guaranteed.
Ken Harney can be reached at kenharney@earthlink.net.
Aug 15 2008
Question: I have read your articles about mortgage brokers and lenders, and I still don’t know which to go to. Can you convert your generalizations into specific suggestions about who should see a lender and who should see a broker?
Answer: If borrowers could shop for home loans as easily as they [...]