In The Pipeline is a column on significant commercial real estate land sales, transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new project — to receive future In the Pipeline columns by e-mail.
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UDR Announces Two New Apt. Acquisitions, Plans Four New Projects
Apartment owner and developer UDR, Inc. Find more info…
Washington • More than 450,000 homeowners who took out mortgages with Countrywide Financial Corp. will soon receive their slice of a nearly $108 million settlement over claims that the lender overcharged borrowers facing foreclosure.
The Federal Trade Commission said Wednesday it will mail refund checks to 450,177 borrowers starting Thursday.
The action stems from a settlement reached last year between the FTC and Bank of America Corp., which acquired Countrywide in July 2008.
The deal resolved federal charges that Countrywide charged borrowers who were behind on their mortgages with fees that added up to hundreds or thousands of dollars. T Find more info…
Last Thursday the U.S. Census Bureau released local-level demographic data from the 2010 census for Arizona (along with five other states bringing the total number of states with data released so far to 18).
During the second quarter 2011, one building totaling 110,000 square feet were completed in the Austin market area. This compares to three buildings totaling 7,500 square feet that were completed in the first quarter 2011, seven buildings totaling 88,189 square feet completed in the fourth quarter 2010, and 21,929 square feet in four buildings completed in the third quarter 2010.
There were 274,873 square feet of office space under construction at the end of the second quarter 2011. Find more info…
Jeff Brown aka BawldGuy is a real estate investor and retirement planning specialist. In our interview (34:42 minutes), we talk about his career through the decades, how investing, financing, and the real estate markets have changed over that period, and delve into real estate investing with an eye on retirement.
Jeff is one of the sharpest guys in the real estate investing world and has lots of interesting things to share both in the interview, on his own site, and every Tuesday on the BiggerPockets Blog.
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