Saudi Prince Wants Trump Park Avenue's Rent Lawsuit Thrown Out

A Saudi prince says he gave back the keys last year to a Trump Park Avenue LLC-owned penthouse and asked a judge to toss out a lawsuit seeking almost $2 million in unpaid rent. The unit of President Donald Trump's company sued Faisal bin Abdul Majeed al-Saud in February, claiming he leased
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At RED, Croul's responsibilities will include growing the company's national Freddie Mac and Fannie Mae small-balance lending platform. Earlier in his career, he led regional operations at John Hancock Real Estate Finance Group and was a mortgage banker at predecessor companies to Berkadia,
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CEO Drew Houston tells Fortune that Dropbox is expanding into business software and targeting large enterprise companies. It's an intensely competitive field with powerful players like Google, Apple, and Microsoft. But Houston is confident about Dropbox's future. “We've always been in a competitive
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Corporations have lots of cash around; private equity firms have lots of cash around; and big banks also have lots of cash hanging around. Large banks have come to dominate the United States banking system as the financial collapse and technological changes have all played into the hands of the
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People who have declared bankruptcy (or who are considering it) may ask themselves whether they'll be able to get a mortgage, finance a car or even get a personal loan down the road. To find out whether those fears are founded, LendingTree's team of data analysts looked at loan terms offered to over
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Bank of New York Mellon Corp grew its holdings in Science Applications International by 4.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 735,276 shares of the information technology services provider's stock valued at $49,154,000 after buying an additional 29,387 shares in the last
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“Since launching in the U.S. in September 2017, we have achieved tremendous success and recognition in what we consider to be some of the most highly competitive residential real estate markets in the world,” Purplebricks U.S. CEO Eric Eckardt said. “Our platform has been well received in all four
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The national home purchase market continued its rally in 2017:Q4. Sales transactions increased 5.4% in the fourth quarter compared to a year ago, marking the 13th consecutive quarter of such increases. This rally came despite a 6.7% jump in national house prices during that period. Please find data
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Canada's annual pace of inflation shot up in February, surprising economists who had expected it to stay significantly lower. The cause of the boost? According to one economist, the housing market had a role to play. The Bank of Canada's ideal rate of inflation is at or below 2 per cent. While in January
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Guests: Eli Lake, Bloomberg view columnist: “McCabe's Firing Wasn't Political Till Trump Made It So.” Joe Nocera, Bloomberg view columnist: “Google Has a Diversity Problem and a Lawsuit Problem.” Mark Buchanan, Bloomberg View columnist: “Want to Stop Climate Change? Take 'Em to Court.
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Luxury housing sales in the tony Manhattan area of New York are declining and it's not just the winter chills of the fourth Nor'easter the city experienced in three weeks, but according to a report on the luxury housing market in the area by Olshan Realty Inc., the decline also has to do with the market
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In today's podcast, our Hot Topic guest is Dave Savage, Founder of Mortgage Coach, who has over 30 years' experience as an agent of change in the mortgage business. Combining his strengths as a mortgage industry visionary and a mobile technology pioneer, Dave is dedicated to preparing lenders
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Investors seem to believe that Lowe's strong performance is due primarily to the booming housing market and not to any particular strategy on the part of Niblock. Home Depot has consistently put up better comparable sales and earnings growth than its chief competitor. Unlike Lowe's, Home Depot has
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Spanish police have arrested a Ukrainian man they suspect is the head of a cyber crime gang that stole more than €1bn from 100 financial institutions, often by hacking into banks' computers and ordering ATMs to spew out cash. The gang has inflicted losses on banks in more than 40 countries using
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The report also shows encouraging sings of further recovery and stabilization in the Cleveland's housing market as median home values saw their strongest growth in more than a decade during 2017, according to the Fed, with home values growing 5.3% year-over-year as of December. You can read
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Alexander Nix, chief executive officer of Cambridge Analytica, leaves the company's offices in London, U.K. on March 20, 2018. The company's board said it suspended Nix, effective immediately, while an independent investigation is conducted. Chris J Ratcliffe—Bloomberg via Getty Images. By Alana
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(CNBC); Five Workplace Trends the Commercial Real Estate Industry Should Prepare For “The most significant innovations of the last century have a couple of common elements: They solved simple problems in the lives of everyday people, and almost nobody recognized that these problems needed to
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Hundreds of thousands of students, parents, friends, and allies poured into the streets of Washington, D.C. and other cities around the U.S. to demand stronger gun laws during Saturday's March for Our Lives Rally. If you haven't had the time to watch the extraordinary speeches from some of the young
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First Team Real Estate in Irvine has merged with South Orange County's Star Estates, bringing 130 Star agents to First Team's luxury housing team. Terms of the deal were not disclosed in a joint company statement. Michelle Williams Harrington, owner of Star Estates, now takes the role of vice president
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A change of ownership or monetization quest is necessary to unlock the company's hidden value. CEO is still quietly and methodically accumulating shares and enjoys full control of the company. Being greedy, when others are fearful, can get you to the promise land, especially on real estate plays.
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