Geismar Real Estate News
Real Estate news for Geismar, LA continually updated from thousands of sources.
Aug 30, 2016 | via Baton Rouge Business Report
In the immediate aftermath of the historic flood of 2016, the flurry of activity in the multifamily housing sector was reminiscent of the days following Hurricane Katrina, when displaced New Orleanians scooped up every available apartment unit in the area and drove residential home sale prices through the roof. With an estimated 41.5% of the Capital Region's housing stock located in areas that were impacted by the record floodwaters, those who lost homes, large employers and the federal government leased up most of the available units in the metro area within a week of the first day of the flood. Comment?
Friday Jan 6 | via NOLA.com
Here's a detailed look at how Gov. John Bel Edwards has proposed spending the $1.6 billion in federal flood recovery money the state has received. . The Edwards administration has already submitted its plan for spending the first $438 million a to the U.S. Department of Housing and Urban Development for approval Friday. Comment?
Saturday Dec 24 | via Sentinel
Leaders of a South Texas city say a new giant Exxon Mobil Corp. petrochemical plant is a good idea but not in their neighborhood. The city council in Portland has approved a resolution asking Exxon Mobil to rule out their city north of Corpus Christi as a site for the world's largest ethylene cracker plant. Comment?
Tuesday Dec 20 | via Baton Rouge Business Report
It isn't off the charts, but Baton Rouge's housing market is among the healthiest in Louisiana, according to Nationwide's 2016 Health of Housing Markets Report. Nationwide studied housing market data through the third quarter of 2016 to notate the healthiest markets in the country. Comment?
Jan 12, 2016 | via TheStreet.com
It occurred to me last night that it has been some time since I went off in search for financial stocks using the private equity mindset. I have done several articles on nonfinancial companies trading at low enterprise multiples, but when it comes to financials I have not really gone looking for those below book value that might be worth including in a private equity mindset portfolio. Comment?
Nov 30, 2016 | via Mortgage News Daily
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. WASHINGTON, Nov 30 - - U.S. consumer spending increased less than expected in October as households took advantage of rising incomes to boost savings to a seven-month President-elect Donald Trump's picks for treasury secretary and commerce secretary were rather complimentary of Federal Reserve Chair Janet Yellen. Comment?
6 min ago | via Live Charts
Janet Yellen, the chairman of the US Federal Reserve, said the economy had come a long way in recovering from the 2008 financial crisis and that she and her colleagues expect the central bank to raise interest rates "a few times a year" until 2019. Ms Yellen also warned that waiting too long to raise rates could risk a "nasty surprise" down the road, but that increasing interest rates too rapidly would push the economy into a new recession. Comment?
11 min ago | via The Washington Post
Lloyds Banking Group Plc, Britain's largest mortgage lender, is set to pick Frankfurt as its base to maintain access to the European Union's single market following Brexit, according to a person with knowledge of the matter. The U.K. bank will choose to convert its German branch into a subsidiary and plans to apply for an extension to its banking license, said the person, who asked not to be identified because the details aren't public. Comment?
15 min ago | via Silicon Alley Insider
JP Morgan CEO Jamie Dimon believes that more jobs than previously expected may have to be moved out of the UK as a result of Britain leaving the EU. Speaking at the World Economic Forum in Davos, Switzerland, Dimon told Bloomberg that the bank could be forced into shifting staff elsewhere in Europe or to its New York offices because the UK is leaning toward a so-called "Hard Brexit." Comment?
19 min ago | via Radio Prague
The upper house of parliament, the Senate, has voted for local councils to be given increased rights over the management of national parks. Other changes to the existing rules, including changes to rights to buy land and increasing the areas where logging is banned, were not backed following a four hour debate in the house. Comment?
19 min ago | via Radio Prague
The Ministry of Interior has rejected claims from four out of five Czechs kidnapped in Lebanon to compensation totalling 40 million crowns. The four maintain that the Czech state failed to prevent their kidnapping due to botched cooperation between intelligences services. Comment?
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