Thursday, April 19, 2012

Morning Real Estate Review

U.S. Existing-Home Sales Probably Rose (Bloomberg) Sales of previously owned U.S. homes probably increased in March as a drop in mortgage rates propelled demand to its strongest quarter in almost two years.

New Boston Fund acquires 111 K St. NE (Washington Business Journal) New Boston Fund Inc. has acquired nearly all of J Street Development’s mostly vacant office condominium tower at First and K streets NE for an undisclosed price and plans to convert the for-sale units into commercial rentals.

REITs Expanding Global Real Estate Footprint (Barron's) A recent increase in overseas investment announcements by real estate investment trusts could signal a renewed opportunity for REITs to expand their global retail real estate footprint, Fitch Ratings says.

Realtors Praise FHA for Issuing Short Sale Approval Guidance (Market Watch) The National Association of Realtors(R) applauds the Federal Housing Finance Agency for issuing new guidance requiring servicers of Fannie Mae and Freddie Mac loans to speed responses to short sale requests.

Height of Folly: Why Housing in Washington, D.C, is so Awful (The Atlantic) If D.C. Mayor Vincent Gray and Rep. Darrell Issa get their way, Congress may finally relax the 102-year-old law that limits most building heights in Washington D.C. to no more than 130 feet. This would be a victory for good urban planning in the District, though a small one.

D.C. mayor proposes tax benefits to keep LivingSocial in the city (Washington Post) LivingSocial, the fast-growing daily deals company that has become one of the biggest private employers in the District, would make the city its long-term home under a deal proposed by Mayor Vincent C. Gray (D).

Robert Peck, fired in GSA scandal, has supporters in D.C. real estate world (Washington Post) In the wake of the General Services Administration spending scandal, Capitol Hill lawmakers scrambled to issue caustic news releases and line up hearings. But in D.C. Peck has many supporters.


Anonymous said...

LivingSocial should consolidate at Uline Arena. They already have an established relationship with Douglas Development, and Uline has such a storied history.

Raizu on Apr 19, 2012, 1:08:00 PM said...

I didn't know anything about the property purchasing and didn't know how this could possibly have been. And I was looking for some who could do it for me. So my friend told me about a property dealer who works in better ways than most of others. Than i was able to see an acreage for sale in Missouri. That was a lush with natural beauty so it was really amazing for me.

Anonymous said...

The mayor is giving a tax break to LivingSocial so that it doesn't flee the city for a more pro-business climate elsewhere?

Why not apply this logic to EVERY OTHER BUSINESS and TAXPAYER?

How is D.C. going to make up for the $35 million deficit it's granting the company? Oh that's right: By raising taxes on the increasingly smaller percentage of us who fill out tax forms every year.

The left's economic ideology is not sustainable, and it guarantees economic collapse.

Anonymous said...

To Anon 3:04, not to get political on you, but to finish what you started: the granting of special tax breaks to big companies is actually something that Red states started doing years ago. Places like NC and VA have been doing this for years with good success. The idea is that these big businesses become anchors and magnets for smaller businesses and also draw residents. I'm independent politically, but I actually agree with this practice no matter where its happening.

Unknown on Jul 31, 2012, 1:35:00 PM said...

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01. Intro (Thank You & You)
Lyrics by:Big Bang VN
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Composed by: G-Dragon, Choice 37
Arranged by: Choice 37

02. Hands Up
Lyrics by: G-Dragon, rap by T.O.P
Composed by: G-Dragon, E. Knock
Arranged by: E. Knock

03.Tonight (Title Track)
Lyrics by: G-Dragon, rap by T.O.P
Composed by: G-Dragon, E. Knock
Arranged by: Choi Pil Gang

04. Somebody to Love
Lyrics by: G-Dragon, rap by T.O.P
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05. What is Right
Lyrics by: G-Dragon, rap by T.O.P
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06. Cafe
Lyrics by: G-Dragon, rap by T.O.P
Composed by: G-Dragon, D.J Murf, Peejay
Arranged by: D.J Murf, Peejay


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