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.,…
Higher interest rates depress UK commercial property, survey finds
By David Milliken LONDON (Reuters) – Two thirds of property surveyors think Britain’s commercial real estate market is in a downturn, as higher Bank of England interest rates have brought the toughest…
US commercial property delinquencies rise further in July -report
By Matt Tracy (Reuters) – Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate up by 34 basis points from June to…
Ocean City Police Looking for Suspect Wanted for Damaging Property
OCEAN CITY, MD – The Ocean City Police Department seeks assistance from the public in identifying an individual associated with property damage at the north transit station on 144th Street. The specific…
Marketmind: Euro biz ebbs, China property and rate peaks?
A look at the day ahead in U.S. and global markets from Mike Dolan Another worrying drop in European business activity and a fresh property sector jolt in China encourages speculation the…
Chinese property giant Country Garden sinks in renewed storm
By Ankur Banerjee, Clare Jim and Marc Jones SINGAPORE/HONG KONG/LONDON (Reuters) -China’s property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the…
Explainer-Dalian Wanda’s repayment woes weigh on China property sentiment
By Clare Jim HONG KONG (Reuters) – The market is closely watching whether a unit of Dalian Wanda Group will make a repayment deadline for a $400 million dollar bond early next…
Lawsuit Filed Against Property Manager for Unsafe Housing Conditions in Philadelphia
PHILADELPHIA, PA – Attorney General Michelle Henry recently announced the filing of a lawsuit against Philadelphia area property management company, SBG Management Services, Inc., and its owner and principal, Philip Pulley. Accusations…
Analysis-Fall from grace: How the property crash unravelled Sweden’s SBB
By Marie Mannes, John O’Donnell and Chiara Elisei STOCKHOLM/LONDON/FRANKFURT (Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB was a sure bet for…
Analysis-Banks step up U.S property loan tweaks to limit defaults
By Shankar Ramakrishnan and Matt Tracy (Reuters) – Banks are showing a growing willingness to rework the terms of U.S. commercial real estate loans to prevent defaults, mitigating near-term losses but also…
New Jersey company to buy Bed Bath and Beyond’s Intellectual Property at Auction
NEWARK, NJ – Bankrupt retailer Bed Bath & Beyond has decided to abandon its search for a buyer for its entire Buy Buy Baby business. Instead, the company will seek approval from…
Twitter Threatens Legal Action Against Meta’s New App, Alleges Intellectual Property Violation
Twitter Threatens Legal Action Against Meta’s New App, Alleges Intellectual Property Violation Jason Cohen on July 6, 2023 Hours after tech giant Meta introduced the Threads social media app Wednesday, Twitter lawyer…
‘Deeply Damaging’: Conservative Federal Judges Slam Liberal Colleagues For Finding Right To Sleep On Public Property
‘Deeply Damaging’: Conservative Federal Judges Slam Liberal Colleagues For Finding Right To Sleep On Public Property Katelynn Richardson on July 6, 2023 Conservative federal judges slammed a ruling by their colleagues Wednesday…
Dentons intellectual property leader takes 15-lawyer team to BCLP
By David Thomas (Reuters) – Bryan Cave Leighton Paisner on Tuesday said it has picked up a 15-lawyer team from Dentons, including the founder and leader of its global intellectual property and…
HSBC cuts China’s GDP forecast to 5.3% on weak property, business outlook
(Reuters) – HSBC on Tuesday lowered China’s economic growth forecast for this year, citing drag from the property sector, and tempered business and household confidence. The global bank now forecasts China’s gross…
Dubai chases long-term growth as property booms, seeks to blunt debt risk
By Rachna Uppal and Yousef Saba DUBAI (Reuters) – Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it can avoid…
Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds. The U.S. investment bank lowered…
Church Property Vandalized in Odenton
ODENTON, MD – On Tuesday, the Western District Police Department reported an act of vandalism at Ark and Dove Presbyterian Church located at 8424 Piney Orchard Parkway. The officers responded to the…
China’s Jan-May property investment, sales fall at faster pace
BEIJING (Reuters) – Property investment in China fell at a faster pace in January-May, dropping 7.2% from the same period a year earlier, official data showed on Thursday, adding to concerns about…
China considers broad stimulus with property support, rate cuts -Bloomberg News
(Reuters) – China is considering at least a dozen stimulus measures including interest-rate reductions to support areas such as real estate and domestic demand, Bloomberg News reported on Tuesday citing people familiar…
China’s property sector set to be persistently weak for years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding that its problems would continue to drag on the country’s economic growth.…
Stanfield Bill Expanding Small-Dollar Property Tax Refunds Advances
Sen. Jean Stanfield's bill that would increase the dollar amount limit for property tax refunds and certain cancellations made by authorized municipal employees was advanced by the Senate Community and Urban Affairs…
LatAm property tech unicorn Tuhabi lands $50 million credit line from development bank
By Kylie Madry MEXICO CITY (Reuters) – Latin American property technology startup Tuhabi is set to receive a $50 million credit line from the Inter-American Development Bank’s (IDB) financing arm, which it…
D.C. Arsonist Ignites Fire on Government Property
WASHINGTON, D.C. – The Washington, D.C., Metro Police detectives are asking for help locating a suspect connected to an Arson that took place on Wednesday evening in Northwest, D.C. Just before 8…
Durr Sponsors $4.32 Billion of “Give It Back” Property Tax Relief for Towns & Counties
Sen. Ed Durr is sponsoring legislation that would provide $4.32 billion of 'Give It Back' property tax relief to every town and county in New Jersey, including more than $100 million to…
Senate Republicans Announce $4.32 Billion of “Give It Back” Property Tax Relief for Towns & Counties
Sen. Declan O’Scanlon and Sen. Michael Testa announced a plan to provide $4.32 billion of 'Give It Back' property tax relief to New Jersey’s towns and counties.…
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