Tag Archives: Liquidity

California Realtors Confirms That New FHFA Rep Will Ensure Liquidity to the …

(Source: CAR) – The following is a statement made today by the CALIFORNIA ASSOCIATION OF REALTORS® President Don Faught: “The CALIFORNIA ASSOCIATION OF REALTORS® applauds the appointment of Representative Mel Watt as the new director of the Federal Housing Finance … Continue reading

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Congresswoman Waters Issues Statement on FHA’s Annual Report

Washington, DC – November 19, 2012 – (RealEstateRama) — Congresswoman Maxine Waters (CA-35) released the following statement in response to the Federal Housing Administration’s annual financial status report issued to Congress today: “While I remain concerned about the health of … Continue reading

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Investors Get Creative with Hot Rental Market

Remember mortgage-backed securities? Big banks and investment houses pooled mortgages of all types and sold them off to investors, who then traded them all over the place, pumping so much liquidity into the mortgage market that brokers were basically giving … Continue reading

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GT Canada Medical Properties REIT to be Acquired by NorthWest Value Partners …

TORONTO, April 16, 2012 /PRNewswire via COMTEX/ – GT Canada Medical Properties Real Estate Investment Trust /quotes/zigman/3468922 CA:MOB.UN +1.60% (“GT Canada”) announced that it has entered into a definitive agreement with NorthWest Value Partners Inc. (“NorthWest”) pursuant to which NorthWest … Continue reading

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Grubb & Ellis Agrees to Sell Itself to BGC Partners in New York Bankruptcy

Grubb Ellis Co. (GRBE), a U.S. real estate services company, agreed to sell almost all its assets to BGC Partners Inc. (BGCP) and filed for bankruptcy protection. Grubb Ellis listed assets of as much as $500 million and liabilities of … Continue reading

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NorRock Realty Finance Corporation Update for Holders of Class A Shares

TORONTO, ONTARIO, Feb 02, 2012 (MARKETWIRE via COMTEX) – NorRock Realty Finance Corporation /quotes/zigman/5289056 CA:RF.A +1.30% (“NorRock” or the “Corporation”) announced on February 1, 2012 the closing of the previously announced acquisition of substantially all of the assets of NorRock … Continue reading

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Fannie, Freddie Vs. Big Banks: Housing Gets Hurt

When I first read the New York Times story this on an impending lawsuit by the Federal Housing Finance Agency (FHFA), conservator of mortgage giants Fannie Mae and Freddie Mac, against more than a dozen big banks, I thought, why … Continue reading

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Are lenders restarting to like real estate?

Shoppers hoping to buy a home aren’t the only ones finding real estate financing a challenge these days. Even big fish in the property game struggled to get funds. Tustin-based Bridgeport Investments recently financed four Southern California deals worth $40 … Continue reading

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