Housing Group Says Bank Of America Discriminating In Minority Communities

We have to do it when we have full ownership and legal right to enter the property, Bauwens said, noting that Bank of America is negotiating with HUD. Smith took issue with the banks characterization of the study, stressing that the alliance did not evaluate homes that had been transferred out of the banks possession or were occupied. She pointed out that in every neighborhood the alliance studied it looked at all of Bank of Americas properties visit here for comparison. In one instance, alliance members visited a foreclosed home in Capitol Heights and one in the District that were dilapidated, with trash on the lawn, gutters missing and overgrown lawns. But in a predominantly white neighborhood in Rockville, the advocacy group said bank-owned properties were in top condition.
For the original version including any supplementary images or video, visit http://www.washingtonpost.com/business/economy/housing-group-says-bank-of-america-discriminating-in-minority-communities/2013/09/25/62765b98-2551-11e3-b3e9-d97fb087acd6_story.html

Monmouth Real Estate Investment Corporation Will Present To The Philadelphia Securities Association

Quotes are updated automatically, baltimore property management companies but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information provided “as is” for informational purposes only, not intended for trading purposes or advice.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/monmouth-real-estate-investment-corporation-163000341.html

Real Estate Investment Network Ltd. will Host the Authentic Canadian Real Estate Program in October

(REIN) The Real Estate Investment Network Ltd. (REIN) has grown over 22 years to become Canada’s leading real estate research and education organization for investors and homeowners across North America. REIN conducts objective and unbiased research, and provides analysis and investor education to influence real estate investment decisions at all investment levels.
For the original version including any supplementary images or video, visit http://www.bizjournals.com/prnewswire/press_releases/2013/09/24/MN84333

Real Estate Investing With Cash? Why You Should Reconsider

Every year that money sits there, tied up in the home, it can actually buy you less of a different asset that might pay you interest and create a growing balance. Value over time But what about the house? Isnt that the real investment, and wont it grow in value every year? Thats what a lot of people thought before the housing crash.
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/zillow/2013/08/01/real-estate-investing-with-cash-why-you-should-reconsider/

The Carlyle Group To Purchase Metropolitan Real Estate Equity Management

Chinese Property Investors Widen Footprint in U.S.

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David Sherman is a highly respected investor and we are excited to welcome him and the Metropolitan team to Carlyle.” David Sherman, President and Co-Chief Investment Officer of Metropolitan, said, “Carlyle’s global scope and resources will better enable us to deliver the products and services that our investors demand. This acquisition is a validation of our model and our growth plans.” Established in 2002 and based in New York City, Metropolitan is one of the largest managers of indirect investments in global real estate. Since inception, Metropolitan has raised more than $2.6 billion across 16 commingled funds of funds with investments in 80+ managers. Its 180+ real estate fund investments include new partnerships, secondary interests and co-investments — in the U.S., Europe, Asia and Latin America. Metropolitan’s strategy is principally focused on value add/opportunistic real estate investments, and specifically on more than 1,000 highly focused, specialist real estate managers across the globe. The firm has 40 employees with five offices in the U.S., Europe and Asia.
For the original version including any supplementary images or video, visit http://online.wsj.com/article/PR-CO-20130925-903980.html

SEC Says California maryland property management llc Man Operated Real Estate Investment Fraud

Larry Polhill sold investors unregistered notes promising to yield annual returns of 5 percent to 17 percent when the collateral backing the investments was often non-existent or otherwise impaired, the SEC said in a statement today. In settling the claims, Polhill agreed to be barred from acting as an officer or director of a public company. The settlement is subject to approval by U.S. District Court for the Central District of California, which will decide any monetary sanctions at a later date.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/2013-09-24/sec-says-california-man-operated-real-estate-investment-fraud.html

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