Blackstone Group is reportedly poised to acquire a “distressed” portfolio of 16 office buildings in a deal that would value the properties at about $800 million, according to the Wall Street Journal. The 2.84 million-square-foot portfolio is currently owned by a Morgan Stanley real estate fund that acquired the property near the top of the [...]
Archive for November, 2011
Blackstone’s Latest Real Estate Deal: Discounted? Yes. Distressed? Hardly.
November 30th, 2011 
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Tags: 'yes', Blackstone's, Deal, Discounted, Distressed, Estate, Hardly, Latest, Real 
No Comments »Pressure to Preserve VA Loan Limits
November 30th, 2011 admin The American Legion is calling on Congress to extend the $729,750 loan limit on Department of Veterans Affairs guaranteed loans before the ceiling drops down to $625,500 on January 1. View full post on National Mortgage News Share and Enjoy:
October Mortgage Insurance Activity Increases
November 30th, 2011 admin Posted To: MND NewsWire Mortgage Insurance Companies of America ( MICA ), the trade group representing the largest private mortgage insurance (PMI) companies has issued a statistical report of PMI activities for the month of October . Member companies which include Genworth Mortgage Insurance Corporation, Mortgage Guaranty Insurance Corporation, Radian Guaranty, and Republic Mortgage Company, [...]
Fannie’s 2011 Business Exceeds 1/2 Trillion Dollars
November 30th, 2011 admin Fannie Mae reported that new business acquisitions have risen each month since July. October’s volume was up 6 percent from September. During the first 10 months of this year, activity amounted to $504 billion. View full post on MortgageDaily.com – Mortgage News Headlines Share and Enjoy:
International Real Estate: Real Estate in Quebec
November 30th, 2011 admin Quebec City’s robust housing market has eased this year. View full post on NYT > Real Estate Share and Enjoy:
