“Commercial Awareness Is Global.”
By Ainsley Brown on
By: Ainsley Brown It is a gross understatement to say that foreclosures have hit the US economy hard. In fact, because housing has so many connections to the health of the US economy – from construction to lending to 401K’s – foreclosures continue to be a major drag on the tepid US recovery. Solving the foreclosure crisis therefore will be… Continue reading "NY Chief Judge Increases Access To Justice in Foreclosure Cases"
By Ainsley Brown on
By: Eran D. Grossman Yes that’s right. With growing concern about a commercial real estate bust and home prices continuing to fall, real estate stocks are soaring. What you say? Shares of Real Estate Investments Trusts, a/k/a REITs, are lucrative investment vehicles thus far in 2010. The IShares Dow Jones Real Estate exchange-traded fund, which owns about seventy-five real estate… Continue reading "Real Estate investment going up in the U.S. Say what?"
By Ainsley Brown on
By: Eran D. Grossman, Esq. More problems are on the horizon between government regulators and local U.S. banks (smaller, regional and/or community banks) over how to handle falling commercial property values. Currently, banks are holding roughly $1.9 billion in commercial real estate loans, which equals about a quarter of all outstanding loans, according to Moody’s. The values of such loans… Continue reading "Community banks taking major hit as U.S. Commercial Real Estate value drops"
By Ainsley Brown on
By Charles Wanguhu The caveat emptor rule dictates that an individual seeking to purchase land should ensure that he is dealing with the rightful owner. Therefore upon inspection of the register kept at the ministry of lands, an individual seeking to ensure the ownership of land would request the registrar for an official confirmation of search, the advantage of the… Continue reading "Indefeasibility of title? Not that indefeasible in Kenya?"