Archive for the ‘ Investment Property ’ Category

CHICAGO, IL — Newcastle Limited has acquired a mixed-use property consisting of 4,300 square feet of prime retail space and 12 apartments in the Lincoln Park neighborhood for $3.0 million. Newcastle purchased the property on behalf of the firm’s $500 …

Impairment losses on investment property held for sale were $65,000 in 2010 compared to $136,000 in 2009. Inventory write-downs and impairment losses totaled $489,000 and $490,000 in fiscal 2010 and 2009, respectively. Income tax expense incurred in 2010 …

WASHINGTON (AFP) – President Barack Obama will get his latest jobs report card Friday, with economists warning painfully high levels of US unemployment will not end any time soon. Experts predict November’s report will show a jobless rate stuck at 9.6 …

Toni Sacconaghi just won’t give up. For more than two years, Bernstein Research’s top Apple ( AAPL ) analyst been after Steve Jobs to spend some of the company’s growing cash hoard ($51 billion as of September), preferably on a stock buyback or cash …

The crash of the housing market has opened the doors for many investors. Florida is one of the hardest hit states for foreclosures and unemployment. The Feds have bought back mortgages and interest rates have steadily dropped.

When people from the southern Chinese boomtown of Shenzhen began rushing to neighboring Hong Kong to buy cheaper daily necessities just few months ago as mainland inflation rose high and fast, some Hong Kong residents were apparently unhappy. This time, it …

The new entity will enter into a series of joint venture (JV) arrangements, with Westfield to become owner of a 50% share in Westfield’s existing holding of 54, being nearly all, of the issuer’s Australian and New Zealand investment property assets.

ID:nLDE6AE1W5] Data from the Investment Property Databank showed that, at the end of the third quarter, the initial yield on malls was 6.8 percent, against 3.1 percent on the FTSE 100 .FTSE and about 3 percent on benchmark 10-year gilts GB10YT=RR.

Adding to the obstacles and challenges of investment property financing that real estate investors regularly face , new rules from Fannie Mae and Freddie Mac were put in place last August that specifically impact stated income loans, …

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