Gabbs Real Estate News
Sunday Apr 12 | via The Las Vegas Sun
No state suffered as much from the Great Recession as Nevada. No state saw a bigger drop in median incomes or a bigger share of its residents descend into poverty. Comment?
Friday Apr 3 | via BroadcastNewsroom
All American Home Mortgage, L.L.C. a wholly owned by Scott Karosa subsidiary of Las Vegas based Tri-Star Management is pleased to announce its continued growth in the Nevada marketplace. All American Home Mortgage welcomes Robert Stewart 111 to the firm as a senior loan officer. Comment?
Tuesday Mar 31 | via Insurance News Net
46th for its share of residents with a bachelor's degree or higher; 40th for its percentage of residents with a rainy day fund; 38th for its high-school dropout rate; and 32nd for its share of unbanked households. said many Nevadans are unable to "build a secure economic future," as the state is racked by some of the highest rates of lousy consumer credit, bankruptcies, foreclosures, underemployment, mortgage delinquencies and uninsured residents. Comment?
Friday Mar 27 | via Las Vegas Review Journal
I could rattle off economic facts about tourism trends, underwater mortgages and unemployment numbers, but Nevadans don't need statistics to tell them what they see with their own eyes. Washington is out of control. Comment?
Monday Mar 23 | via JD Supra
When no statute specifically authorizes a court-appointed receiver to sell real property, what type of sale is it? The Supreme Court of Nevada recently addressed this question, holding that "a receiver sale of real property that secures a loan is a form of judicial foreclosure." U.S. Ban v. Comment?
11 min ago | via West Australian
The assets consist of KTR's three co-investment funds and will be part of Prologis U.S. Logistics Venture, a joint partnership with Norges Bank Investment Management, according to a press statement. Prologis is the majority partner in the venture. Comment?
56 min ago | via Vanguard
THE Federal Mortgage Bank of Nigeria , has said that a risk assessment is being carried out to ascertain the extent of the damage caused by the fire incident that engulfed part of its office at Mamman Kontagora House in Lagos. The Managing Director of FCMB, Gimba Ya'u Kumo, who disclosed this said he had earlier held a stakeholders' meeting together with LASEMA in Lagos with a view to expedite action in conducting integrity test on the building so that skeletal service can resume by all tenants. Comment?
1 hr ago | via News Journal
Foreclosure increase called sign of action Richland County officials say 12 percent increase is sign the land bank has kicked into gear Check out this story on mansfieldnewsjournal.com: http://ohne.ws/1yIROsB But local officials say that's a positive development - evidence that the land bank created here last year has begun digging in to find solutions for a "backlog" of problem properties. Richland County had 771 foreclosures last year, initiated either by the county treasurer's office to collect past-due taxes, or banks seeking to collect unpaid mortgage debt. Comment?
1 hr ago | via The New Zealand Herald
As house prices in the country's biggest city spiral out of control, Auckland homeowners are cashing in their chips and buying mansions in the regions. Thousands of property owners are now sitting on million-dollar goldmines thanks to rampant capital gain. Comment?
1 hr ago | via Reuters
Prologis Inc, which owns warehouses and retail-distribution centers, said on Sunday it would acquire the real estate assets and operating platform of closely held KTR Capital Partners and its affiliates for $5.9 billion. The assets consist of KTR's three co-investment funds and will be part of Prologis U.S. Logistics Venture, a joint partnership with Norges Bank Investment Management, according to a press statement. Comment?
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