Fine Print: Mercedes-Benz dealership sells for $20.5M; Shoppes at LaSalle property trades for $3M

Fine Print: Mercedes-Benz dealership sells for $20.5M; Shoppes at LaSalle property trades for $3M

A roundup of recent real estate transactions across the Philadelphia region.
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Details On When Roman Reigns Will Defend WWE Title, Drew McIntyre Not Likely For First Defense

He's only currently advertised for the company's stadium shows. According to The Wrestling Observer Newsletter, Reigns' first defense of the
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HEALTH CARE BRIEFING: FDA Saw Baby Formula Plant Risks Last Year | Bloomberg Government

A Food and Drug Administration report obtained by Bloomberg News through a Freedom of Information Act request showed that during a routine visit
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College students feel impact of Triangle housing market – Spectrum News

— The housing market continues to boom in the Triangle. It's a seller's market with not enough inventory to meet the huge demand. Finding affordable
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China's biggest chipmaker, major iPhone supplier cut outlooks amid Covid-19 outbreak

A month-long lockdown in Shanghai could spur component shortages and logistics tangles, the companies warn. 13 May 2022 – 13:22 Bloomberg News
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What An Uptick In Commercial Mortgage Rates Could Mean For CRE | GlobeSt

US commercial mortgages originated last year showed an average 3.7% coupon rate for 7/10-year fixed rate products, according to data from Real Capital
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Mortgage and refinance rates today, May 13, 2022

Average mortgage rates fell again yesterday. Don't believe media reports that they're rising because that's what Freddie Mac's weekly report says.
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KeyBank and Beach Point Launce Middle-Market Direct Lending Program – Monitordaily

KeyBank and Beach Point Capital Management, a credit focused investment manager, established a new joint venture middle-market direct lending
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New launch boosts home equity lending – Mortgage Professional America

Technology supports a form of lending that is on the rise. … to support digital home equity lending – both HELOCs and home equity loans.
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New Door Property Transfer Introduces Ability for Real – GlobeNewswire

Leaders seeking to create their own title companies find a 'turn-key' solution at NDPT…
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Immigration won't rescue plunging New Zealand housing market – MacroBusiness

This elimination of housing shortages, in turn, will relieve pressure on house prices: Population pressures are one factor that has contributed to the
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KeyBank, Beach Point Capital Management Launch $1.5B Middle Market Lending Program – News

This approach expedites closing and certainty of execution, and KeyBank Beach Point Direct Lending borrowers will benefit from a single lending entity
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A couple sold their house to live permanently on cruise ships because they said it's cheaper …

According to Angelyn, a former accountant, doing so is cheaper than paying off their mortgage. On average, the couple spends $89 per day on
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RBI opens banks credit for NBFCs to on-lend continuously to priority sector – Business Standard

Further, the RBI said, small finance banks will be allowed to lend to registered NBFC-MFIs and other MFIs who have a gross loan portfolio of upto Rs
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ServisFirst Bank Announces Addition of Banking Veterans to Charlotte Team – GlobeNewswire

Craig May joins ServisFirst Bank Piedmont as Regional President with over thirty-five years of corporate, commercial, and community banking experience
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Can You Invest in Real Estate on a Teacher's Salary? | Nasdaq

Teachers can earn a good living, with the Bureau of Labor Statistics reporting that the median pay for elementary school teachers was $61350 in
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Home Bank and FHLB Dallas to Help Fund Revival of Historic Louisiana Property | Business Wire

Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750000 Affordable Housing Program (AHP) subsidy to New Orleans
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Lending a hand – Yahoo News

Lending a hand. Chandler Inions, The Lebanon Democrat, Tenn. Thu, May 12, 2022, 8:59 PM ·3 min read. May 12—The restoration of Pickett Chapel has
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Beyond the highs and lows – The Hindu

The trends in real estate are not generally dictated by market moves but are underpinned by structural fundamentals. The fluctuations in the economy
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Real estate firms own nearly 1 in 10 health care properties – Stat News

Real estate investment trusts, or REITs, own 8% of all health care properties, according to estimates published in JAMA Health Forum.
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