RI Real Estate Notes: College Hill multifamily sold for $1.69 million

RI Real Estate Notes: College Hill multifamily sold for $1.69 million

A multifamily house in College Hill, 89 Angell St., Providence, was sold on March 29 for $1.69 million by Fall River real estate investor Walter Bronhard. The buyers were Nicola and Whitney Savignano of Beverly, Massachusetts. Residential Properties Ltd. represented both sides of the transaction.
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Investors are NOT into Zillow's plan to start flipping houses

After Zillow Group announced it was going to get into flipping houses, its shares plummeted 11 percent — a record one-day drop the company hasn't logged in three years. The Financial Times reported shares fell by 11.1 percent following the Friday announcement that the real estate listings company
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Pure Industrial Real Estate Trust (AAR.UN.TO) TEMA Pounding Higher Last 5 Bars

Pure Industrial Real Estate Trust (AAR.UN.TO) TEMA … In similar to other moving averages way, the TEMA indicator is used to identify trends and generate trading signals. … The Average Directional Index or ADX is technical analysis indicator used to describe if a market is trending or not trending.
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RE tech firms take note: China's VC activity is on track to surpass the US

Sign up for China Watch for weekly emails on Chinese real estate investments. Kai-Fu Lee, a former Microsoft and Google executive based in China who founded his own VC firm in 2009, predicts rivals to Google and Facebook led by Chinese companies to emerge in non-English-speaking markets
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Sharon Donnery has exposed the number of mortgage defaulters dodging their lenders

“If one family defaults on its mortgage, they are pariahs,” wrote economist Morgan Kelly eight years ago. “If 200,000 default, they are a powerful political constituency.” While Mr Kelly's prediction that the then gathering mortgage crisis “put Ireland on the cusp of a social conflict on the scale of the land war”
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Government urged to postpone 'second mortgage' scheme

The government has been urged to stall controversial benefit changes which came into effect in the new tax year, amid claims they unfairly penalise the most vulnerable in society. On 6 April, a “second mortgage” system replaced the Support for Mortgage Interest (SMI), which helped financially
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Dothan area home sales prices up 10 percent year-over-year in March

Click here to view or print the entire monthly report compliments of the ACRE Corporate Cabinet. Sales: According to the Dothan Multiple Listing Service Inc., Dothan-area residential sales totaled 128 units during March, down 3.8 percent from the 133 units sold in March 2017. The five-year average for
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Commentary: Utah and feds must resolve cannabis banking issue

4, U.S. Attorney General Jeff Sessions rescinded the “Cole Memorandum,” casting the issue of “cannabis banking” into a state of pronounced confusion and ambiguity. So for now, any federally regulated financial institution providing services to a cannabis-related enterprise operating lawfully under state
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On revocation of banking licence from CONFIDENCE BANK and appointment of provisional …

On revocation of banking licence from CONFIDENCE BANK and appointment of provisional administration. By Order No. OD-936, dated 13 April 2018, effective from the same date, the Bank of Russia revoked the banking licence of the Kostroma-based credit institution Limited Liability Company
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Counties, cities failing to deliver affordable housing help | Editorial

A better solution, in our opinion, would be to make it more painful for developers to write a check than build some below-market-price homes in their communities. For these checks have become the cost of doing business and are not addressing the problem of available affordable housing. Besides, local
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Australia's renowned secret spy base helping drive property prices in Alice Springs

While Darwin grapples with the nation's weakest capital city real estate market, house prices in Alice Springs are on the up-and-up, with rental yields among the strongest in the country. According to real estate agents, that can be partly attributed to changes at Pine Gap — a renowned secret American
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Is China's 'cheap money' era over as credit shrinks and interest rates rise?

In the interbank market, average lending and borrowing rates among banks edged up 2.74 per cent, a rise of 0.01 percentage points from the previous month. The latest results came as a trend toward global monetary policy normalisation, led by the US Federal Reserve, is spurring higher rates.
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Real estate is this investor's game

Mr Quah Kay Beng, managing director of Trinity House Investments, which focuses on commercial property in Britain, in his home in River Valley. When buying a property, he has several key factors in mind, namely the location, potential cash flow and the potential for capital value appreciation.
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Your mortgage rate: should you fix it? Yes, you should

The standard variable rate (SVR) mortgage may have held sway for many years but, looking at the latest figures from the Central Bank of Ireland, it's all about fixed. Fixed-rate mortgages accounted for 55% of new agreements over the three months to January 2018, and some industry experts think it
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India's Federal Police File Case Against Former UCO Bank Chairman

Police said officials at the bank had colluded with private infrastructure firm Era Engineering Infra Ltd. and investment banking firm Altius Finserve Pvt. Ltd. to siphon bank loans. The Central Bureau of Investigation (CBI) said in a statement that Arun Kaul, the bank's chairman from 2010 to 2015, had
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Insider Buying: Murray International Trust (LON:MYI) Insider Buys 5000 Shares of Stock

Murray International Trust (LON:MYI) insider Kevin Carter bought 5,000 shares of Murray International Trust stock in a transaction on Wednesday, March 21st. The stock was acquired at an average cost of GBX 1,195 ($16.89) per share, with a total value of £59,750 ($84,452.30). Shares of Murray
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VASCO Data Security International (NASDAQ:VDSI) Rating Increased to Buy at Zacks Investment …

Zacks Investment Research upgraded shares of VASCO Data Security International (NASDAQ:VDSI) from a hold rating to a buy rating in a report released on Saturday, April 7th. They currently have $14.00 target price on the technology company's stock. According to Zacks, “VASCO Data Security
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Financial Contrast: PennyMac Financial Services (NYSE:PFSI) vs. AerCap (AER)

PennyMac Financial Services (NYSE: PFSI) and AerCap (NYSE:AER) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, valuation, profitability, institutional ownership, dividends and analyst recommendations.
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Were Two Black Real Estate Agents Arrested for Waiting at a Starbucks?

Two Black real estate agents were arrested at a Philadelphia Starbucks for waiting for a friend who showed up as they were being handcuffed. The police were called by a barista because the men hadn't ordered anything, yet. Many of the white patrons at the Starbucks wondered why they have never
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Financial Life Advisors Invests $4.36 Million in Vanguard Mortgage Bkd Sects ETF (NASDAQ …

Financial Life Advisors acquired a new stake in Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 83,177 shares of the exchange traded fund's stock, valued at approximately
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