News about properties and real estate
Retirees find second career as landlords Some retirees have found the perfect second career: Landlord. At a time when stock investments are uncertain and many homes are not selling, some retirees and near-retirees are keeping their money in rental property and banking on a steady second income. “Real estate can be a wonderful asset to …
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New York Times Tower Leaseback Plan May Disappoint The New York Times Co. may have missed its chance to cash in on its Manhattan headquarters. The media company’s plan to raise up to $225 million by selling its portion of the 52-story skyscraper and paying rent to stay there may come too late, said Dan …
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Scams preying on struggling homeowners Valley homeowners facing foreclosure have something else to worry about: Firms and people who offer help but instead steal their money. The Arizona Attorney General’s Office and state regulators are receiving a growing number of complaints about individuals and companies that promise to help people keep their homes for a …
Real estate: ‘Timeless’ home exudes Southern charm, grace Pastels and sea shells have their place in Florida décor, just not at 950 Stratford Place in Suntree Estates. Advertisement The mansion is modeled more after a European country home or a Southern plantation than a tropical Florida home. The site of many a fundraiser, the home …
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REIT Moves Rub Executives Wrong Way As if life wasn’t tough enough for chief executives of real-estate companies struggling with the recession, they are also having to cope with price swings in their stocks, which normally are relatively stable. That is making it harder for them to do deals, raise capital, attract institutional investors and …
Foreclosure forces family apart Elvis Bravo’s American dream is underwater and for sale. The Mexican-native and his extended family have been living for 2 1/2 years in a house in DeLeon Springs. But the mortgage holder is foreclosing, and now Bravo is trying to sell the house. It’s the home his 20-month-old son, Bryan, came …