Real estate industry
SunEdison LLC, a leading solar electricity firm, has entered into an agreement with GE Capital Real Estate to develop 2.2 MW of rooftop solar photovoltaic (PV) projects. The projects will be built on industrial facilities owned by GE Capital Real Estate, with the Ontario Power Authority purchasing the energy
Real estate industry
Leader Realty, a Memphis, Tennessee-based real estate brokerage agency, has chosen Lasso Data Systems' CRM (Customer Relationship Management) system for its sales and marketing efforts. The agency, which represents two highly respected home builders in the mid-south, Leader Five Star Homes and Regency Homebuilders, aims to leverage technology to
Real estate industry
In August, Spectrum Commercial Lending, Inc. assisted their clients in securing funding for over $20 million worth of commercial real estate projects. The majority of these transactions utilized the Small Business Administration (SBA) 504 loan program. Spectrum's clients were able to purchase properties in various locations, including the
Real estate industry
The South Korean government has taken steps to alleviate the struggling housing market, which has seen a significant decline in transactions since late last year. The Ministry of Land, Transport and Maritime Affairs, the Financial Services Commission, and the finance and public administration ministries have introduced a plan to raise
Real estate industry
South Korea has announced plans to temporarily ease financial borrowing and tax rules to help alleviate the sharp drop in housing transactions, which have declined by 50-60% in the past four months compared to the normal period. The measures, announced jointly by the finance, public administration, and land and construction
Real estate industry
A groundbreaking project is underway in Bowling Green, Kentucky, where Western Kentucky University and Habitat for Humanity are partnering to create a 16-acre, 50-unit green housing community. Dubbed Durbin Estates, this innovative development will incorporate low-impact development techniques and feature a range of sustainable features, including community gardens, community interaction
Real estate industry
The South Korean government is set to announce measures next week to boost the country's slumping property market, including an increase in the ceiling of bank loans given to homebuyers. The government seeks to ease the debt-to-income (DTI) ratio ceiling for genuine homebuyers, allowing them to borrow more
Real estate industry
A conference on the future of housing finance brought together experts to discuss the redesign of housing finance reform and its impact on broader financial markets. Treasury Secretary Timothy Geithner moderated the panel, which included Susan Wachter, Richard B. Worley, Ingrid Gould Ellen, Mark Morial, Barbara Desoer, and Bill Gross.
Real estate industry
The August 17, 2010, panel discussion on housing finance reform and broader financial markets at the Treasury Department highlighted the complexities and challenges of designing a new system. The panelists, including Treasury Secretary Timothy Geithner, Mark Morial, President and CEO of the National Urban League, and Barbara Desoer, President of
Real estate industry
Developers Diversified Realty Corporation, a leading owner and manager of shopping centers in the United States and Latin America, has announced the completion of ten leases with KB Importadora and EGO Vanity Shoes for their first locations in Puerto Rico at five of the company's shopping centers. KB
Real estate industry
HUD announced charges against a Chicago couple, their real estate agent, and a real estate broker for allegedly refusing to sell a home listed for $1.799 million to a black couple due to their race, in violation of the Fair Housing Act. The charge alleges that the couple, Daniel
Real estate industry
The Australian home buying market is facing a significant decision, as fixed and variable mortgage rates near parity, prompting potential buyers to consider locking in their loans. According to Commonwealth Bank chief economist Michael Blythe, the labor market trends and job prospects will play a crucial role in driving the
