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CURRENT NEWS AND INFORMATION
Investors are racing into REITs that promise higher yields than equity REITs. But be forewarned, the higher yields of these other types of real estate vehicles come with very real risks.
SUFFOLK, Va. -- Hampton Roads based TowneBank reported record earnings of $33.32 million for the year ended December 31, 2011, a 10.06% increase, or $3.05 million, over the $30.28 million reported for ...
Addition of Farbest Leaves County with No More Large Parcels in Industrial Park
The global economy may still be in dire straights, but if demand for rental office space is any signal, things could be looking up. Asian cities saw particularly strong growth, most notably in China where a housing and construction bubble continues to be one of the main economic drivers.
So-called non-traded REITs (NTRs) represent a rapidly growing income producing niche among “alternative” investments. In its nascent history, the NTR industry has raised some $80 billion, largely from individual investors. This compares with $430 billion for the entire REIT industry, traded and non-traded.
Stéphane Therrien Appointed Executive Vice-President of Real Estate and Commercial Financing at Laurentian Bank
The Pratt City Commission is expected to approve an annexation agreement in two weeks that will pave the way for local businessman Dale Withers to develop an industrial park opposite Walmart on U.S. 54.
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