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News
Renter Nation Already, in the wake of the housing bust that brought on the Great Recession, the share of U.S. households owning homes has slid steadily—from 69% at its peak in 2004 to 67.2% in this year's first quarter. And the rate is likely to fall to its 1993-94 level of 64% by 2015.
Boston Landlord Faces $85K Fine, Failed to Provide Discloser
A Boston landlord faces a penalty of $84,600 for charges by EPA that he violated federal lead paint disclosure rules at four of his apartments in Roxbury and Dorchester. These violations potentially put tenants at risk of exposure to lead hazards.
Delinquent commercial mortgages hit double digits
The commercial real estate market passed a grim milestone in June when the delinquency rate for its securitized mortgages shot up into double digits. While the tide of residential mortgages slipping into foreclosure is slowing, the latest report from commercial mortgage-backed securities (CMBS) analysis firm Trepp LLC shows the free fall in the commercial market has continued.
Landlord group critical of city Tired of the city's aggressive enforcement of property codes, a group of Evansville landlords has banded together to improve both relations with local officials and the business practices of their colleagues.
Landlord fined for discriminationThe U.S. Department of Housing and Urban Development says an administrative law judge has ordered an Iowa landlord to pay $52,000 in damages and penalties to resolve a discrimination case.
Apartment buildings lead the pack
In a commercial real estate market that's still downright scary for most types of properties, including office and industrial, there is emerging one clear winner: apartment buildings.
Landlord lawsuit dropped — for now
A local landlord association withdrew a lawsuit seeking to stop the city’s rental-registration program, but the dispute over the plan is far from being settled. The Mahoning Valley Real Estate Investors Association agreed to have the case dismissed, but reserved the right to refile it
Pen Argyl Council approved a new ordinance Tuesday requiring landlords to register their properties with the borough and have them inspected every four years.
Harlingen, Texas, July 8, 2010: By Executive Order the mayor of San Francisco has banned soft drinks and flavored waters from all vending machines on public property. Posting Executive Orders banning everything from drilling oil wells to fishing in the Gulf of Mexico seems to be the new Orwellian way of implementing departmentalized marshal law in these United States. Remember the good ole days when the people actually voted for those things they wanted or rejected?
BOSTON, July 8 /PRNewswire/ -- The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 76.6% as of May 28, 2010 from 76.4% as of April 30, 2010. Loan values were 77.6% as of May 29, 2009.Commercial Real Estate Loan Prices Rose Modestly in May
A proposed ordinance in Pawtucket would charge absentee landlords a registration fee.
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