Cumberland woman arrested after entering condemned property marked ‘No Trespassing’
Cumberland, MD – A 47-year-old woman was arrested Saturday afternoon after officers found her inside a condemned property on Pulaski Street that was clearly posted with warnings prohibiting entry. Around 12:00 p.m.,…
Annapolis Police Arrest Man for Property Vandalism
Annapolis police arrested a man for destruction of property on January 18, 2024. The incident occurred at around 10:12 PM in the 100 block of Main Street. Officers were dispatched following a…
New Jersey Shore Towns Get Boost as Governor Signs Vacant Property Bill Into Law
TRENTON, N.J. – Assemblyman Sean Kean’s legislative effort to revitalize vacant properties in Jersey Shore towns received a significant advancement with the signing of his bill into law on Tuesday. The new…
Nearly half of European investors seek to cut property exposure, survey finds
LONDON (Reuters) – Nearly half of investors in Europe plan to cut their real estate allocations, according to a survey by trade body INREV, as a slide in valuations driven by higher…
Country Garden expects China property market to remain weak in 2024
HONG KONG (Reuters) – China’s largest private property developer, Country Garden, <2007.HK> expects the property market will remain weak in 2024 and the company could face more, “severe” challenges, its top management…
Ex-CEO Pleads Guilty to Fraudulent Receipt of Property in Beckley
BECKLEY, WV – Yesterday, Robert Martin, 67, former CEO of Citizens Conservation Corp (CCC), pleaded guilty to fraudulent receipt of property from a debtor. The plea was entered in the context of…
Property group Signa’s retail foray was a mistake, senior executive says
VIENNA (Reuters) – It was a mistake for Austrian property group Signa to venture into the retail business, since that cost it capital that was sorely missing when it tried to stave…
Baltimore PD Probe Discovery of Dead Body in Vacant Property
BALTIMORE, MD – An investigation is underway after a body was discovered yesterday morning in Eastern Baltimore. Patrol officers of the Baltimore Police Department responded to a report of a body discovered…
Burglar His NYC Apartment for $130k in Cash, $44k in Property
NEW YORK CITY, NY – The New York City Police Department is seeking public assistance to locate an individual linked to a burglary in the 109 Precinct. The incident occurred on December…
Assemblywoman Criticizes Inadequate Response from Taxation Division on Property Tax Relief Program
TRENTON, N.J. – Assemblywoman Aura Dunn has expressed frustration with the Division of Taxation’s response to inquiries regarding the state’s new Anchor property tax relief program. Her office in Chester has received…
‘Enough Is Enough’: Retailers Back California Initiative To Raise Penalties For Property Crime
‘Enough Is Enough’: Retailers Back California Initiative To Raise Penalties For Property Crime Arjun Singh on December 23, 2023 Retailers in California are backing a new ballot proposition that seeks to raise…
Property Damage Incidents Reported in Calvert County
CALVERT COUNTY, MD – The Calvert County Sheriff’s Office responded to numerous calls, including property damage reports, during last week. On December 13, Deputy MacWilliams investigated damage to a security gate lock…
German home prices tumble amid property rout
By Tom Sims and Rene Wagner FRANKFURT (Reuters) -Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year earlier in a further grim sign for…
Man Arrested for Destruction of Property in Cumberland
CUMBERLAND, MD – On Friday, December 15, 2023, Cumberland City Police responded to an incident of property damage at a business located on Queen City Dr. Upon their arrival at the scene,…
Brick Township to Expand Open Space with New Property Acquisition
BRICK, NJ – Mayor Lisa Crate, in conjunction with the Township Council, has announced the authorization for the Mayor to acquire a new property for inclusion in the Township’s Open Space inventory.…
More US commercial property owners to tap securities market in 2024 -Moody’s
By Matt Tracy WASHINGTON (Reuters) – More U.S. commercial property owners are expected to turn to commercial mortgage-backed security (CMBS) lenders next year instead of banks, according to a new Moody’s report.…
Short supply of homes to push global property prices higher at slower pace: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global property prices in most major markets will rise over the next two years, albeit at a slightly slower pace than predicted three months ago as…
Two Men Arrested for Burglary and Property Damage in Cumberland
CUMBERLAND, MD — Two Cumberland residents, Brandon Marshal Ridgeley, 45, and Christopher Michael Emerson, 34, were arrested by the Cumberland City Police on December 2, following a burglary incident. The incident occurred…
Lufthansa Technik to remain sole property of Lufthansa
(Reuters) – Lufthansa is to remain the sole shareholder of its aircraft maintenance business Lufthansa Technik after more than a year of deliberations on a possible divestment, the German airline group announced…
ECB haunted by bond buys in Swedish property crisis
By John O’Donnell and Francesco Canepa FRANKFURT (Reuters) – A debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion…
Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price drops in the commercial property market could be accelerated by Swedish real estate firms…
Settlement Reached in Inch & Company Property Management Case
HARRISBURG, PA – Attorney General Michelle A. Henry announced a settlement agreement with Inch & Company Property Management, LLC, based in central Pennsylvania, regarding alleged violations of the Federal Consumer Review Fairness…
Muddy Waters shorts CPI Property Group credit; bonds slammed
By Nell Mackenzie and Akanksha Khushi LONDON (Reuters) -A key bond of CPI Property Group fell by the most on record on Tuesday after short-selling hedge fund Muddy Waters said it had…
US commercial property loan activity to drop off in Q4 after Q3 pickup -DBRS
By Matt Tracy (Reuters) – Issuance of securities backed by U.S. commercial real estate (CRE) loans posted a rare rebound last quarter, but sector struggles will likely persist through 2023, according to…
China vows to support property sector, tackle local debt
BEIJING (Reuters) – China’s central bank and financial regulators pledged on Friday to ensure financing support for the property sector and to work together to resolve local government debt risks. Chinese leaders…
Benko’s Signa unit seeks $2.2 billion funding amid property crisis – Bloomberg News
(Reuters) – Property tycoon Rene Benko-founded Signa Group’s Prime unit has approached investors to seek up to 2 billion euros ($2.17 billion) in funding, Bloomberg News reported on Wednesday, citing people familiar…
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