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.,…
Property insurer SageSure turns ‘unicorn’ after $250 million funding round – source
By Jaiveer Shekhawat (Reuters) – SageSure became a “unicorn” after the U.S. property insurer raised $250 million in its latest funding round, a source familiar with the matter told Reuters. A unicorn…
A season draws near; Ocean City Police remind visitors it’s illegal to drink on public property
OCEAN CITY, MD – Ocean City officials are reminding residents and visitors of a town ordinance prohibiting the consumption of alcohol in public places. With beach bar season in full swing, the…
NYC Pleads With Private Property Owners To House Migrants As Title 42 Ends, Email Shows
NYC Pleads With Private Property Owners To House Migrants As Title 42 Ends, Email Shows Arjun Singh on May 11, 2023 A key office under New York City Mayor Eric Adams sent…
DeSantis Signs Bill Blocking Chinese Property Ownership Near Military Installations
DeSantis Signs Bill Blocking Chinese Property Ownership Near Military Installations Micaela Burrow on May 8, 2023 Florida Republican Governor Ron DeSantis signed into law Monday a bill that would block Chinese ownership…
Chinese property brokers need to reduce fees, regulator says
BEIJING (Reuters) – Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing services to promote healthy development of the sector, the housing regulator said…
Selling Toms River School Property to Developer was ‘never an option’, Superintendent
TOMS RIVER, NJ – The land deal by the Township of Toms River to purchase a 17-acre tract of land near Silver Bay Elementary School was nothing more than a way for…
Simon Property revenue beats on strong leasing demand
(Reuters) – Simon Property Group Inc’s first-quarter revenue beat market expectations on Tuesday, benefiting from a strong leasing demand after pandemic-induced store closures. Despite growing fears of a recession in the United…
Australian landlords push back on property valuation doomsday
By Lewis Jackson SYDNEY (Reuters) – Australia’s biggest landlords and developers played down concerns about inflated commercial property valuations at a conference on Tuesday, while acknowledging economic uncertainty was making investors and…
Odenton property manager who fired rifle at trespassing dirt bike riders arrested
ODENTON, MD – Today, at approximately 6:15 p.m., officers responded to a report of a shooting in a wooded clearing just south of Woodwardville. Ryan Christopher Gerald, 38, of Odenton, Maryland, confronted…
Toms River mayor says lives and property at risk after being denied $14.7 million loan
TOMS RIVER, NJ – Lives and property are at risk in Toms River. That’s what Toms River Mayor Maurice Hill claims this week after two council members blocked a $14 million line…
Feeling poorer: Property slump hurting Chinese consumers, clouds recovery
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Liu Baoxiang, who runs a mahjong parlour in a city on China’s rust belt, no longer splurges on extravagant fashion items after…
Risks loom over China’s top tier banks from property downturn, higher costs
By Ziyi Tang and Ryan Woo BEIJING (Reuters) – China’s largest banks will see near-term revenue and margin pressures on a persisting property sector downturn, higher costs and a worsening global macro…
In Toms River, property taxes have risen 16% in past five years
TOMS RIVER, NJ – Township officials continue to tell residents year after year their property taxes won’t be going up, but the fact is, if you live in Toms River, your taxes…
Chinese property developer Sunac posts $2 billion core loss in 2022
HONG KONG (Reuters) – Major property developer Sunac China on Friday logged a net narrowing core loss of 13.86 billion yuan ($2.02 billion) in 2022, as the debt-laden firm slowed its project…
Nissan-Renault deal may be delayed over EVs, intellectual property -Jiji
TOKYO (Reuters) – The final contract on the reboot of the alliance between Japanese car maker Nissan and French counterpart Renault may be delayed until after April, Jiji news agency reported on…
Europe’s banks in ‘better place’ than U.S. in terms of commercial property risk – JPMorgan
By Marc Jones LONDON (Reuters) – Europe’s banks face less threat from some of the problems now showing in the commercial real estate markets than their U.S. counterparts, analysts at JPMorgan have…
Shanghai targets 5% growth in property investment in 2023
BEIJING (Reuters) – China’s financial hub Shanghai has a goal of 5% growth in property investment in 2023, the city’s house management bureau said on Friday, after investment in the city’s property…
Testa: Murphy’s School Aid Cuts Will Be Devastating for Schools, Students & Property Taxpayers
Sen. Michael Testa said state school aid cuts announced today by the Murphy administration will be devastating for schools, students, and property taxpayers in the 1st Legislative District.…
O’Scanlon: Murphy Should Explain Cuts in Municipal Aid & Delays in Assistance for Rising Health Care Costs that Will Drive Property Tax Increases
Sen. Declan O'Scanlon said Gov. Phil Murphy should explain cuts to municipal aid that appear in his budget proposal for next year, which will drive large property tax increases when paired with…
U.S. Attorney’s Office for Eastern District of New York Joins Department of Homeland Security, Department of State and Smithsonian’s National Museum of Asian Art for the Largest Repatriation of Stolen Cultural Property to Yemen
Today, the U.S. Attorney’s Office for the Eastern District of New York, U.S. Department of Homeland Security (DHS), U.S. Department of State and the Smithsonian Institution participated in a milestone repatriation ceremony…
South Korea’s ‘jeonse’ rent-free renters hit by property downturn
By Jihoon Lee SEOUL (Reuters) – A downturn in South Korea’s home prices is causing pain in the country’s unusual rent-free rental system that benefited landlords and tenants alike during a long…
UK property asking prices show weakest February gain on record: Rightmove
By Suban Abdulla LONDON (Reuters) – Average asking prices for British residential property rose by just 14 pounds ($17) in February from January, the smallest rise on record for a month which…
China Evergrande says directors fell ‘below standards’ in property unit probe
(Reuters) – Property developer China Evergrande Group said on Wednesday an independent committee found its directors fell “below standards” through their involvement in diverting loans secured by unit Evergrande Property Services to…
Bucco: Murphy Passes the Buck on Public Employee Pension & Health Benefit Costs to Property Taxpayers
Sen. Anthony M. Bucco said Gov. Phil Murphy is passing the buck to property taxpayers after his mismanagement led to surging costs in public employee pensions and health benefits for local governments.…
Investors see Hong Kong property stocks, funds as reopening trades
By Georgina Lee HONG KONG (Reuters) – As global investors look for ways to profit from China’s reopening from pandemic controls, the beaten-down shares of Hong Kong’s property firms and real estate…
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