Real property law

Providence Announces $500 Million Private Offering of Senior Notes

Monday, October 19, 2020 - 11:00am

The Providence Service Corporation (Providence) (Nasdaq: PRSC), today announced a private placement offering of $500 million in aggregate principal amount of newly issued senior notes maturing in 2025 (the notes).

Key Points: 
  • The Providence Service Corporation (Providence) (Nasdaq: PRSC), today announced a private placement offering of $500 million in aggregate principal amount of newly issued senior notes maturing in 2025 (the notes).
  • Providence intends to deposit the gross proceeds of the offering into a segregated escrow account until the date that certain escrow release conditions are satisfied.
  • A confidential offering memorandum for the notes will be made available to such eligible persons.
  • The offering will be conducted in accordance with the terms and subject to the conditions set forth in such offering memorandum.

Blue Jay Home Buyers in Hartford Making the Home Selling Process Stress-Free for Homeowners

Saturday, October 17, 2020 - 1:00pm

No matter the problem a homeowner has faced, Blue Jay Home Buyers have been able to help.

Key Points: 
  • No matter the problem a homeowner has faced, Blue Jay Home Buyers have been able to help.
  • Whether it be foreclosure, bad tenants, inherited property problems, or simply wanting to downsize without any hassle, Blue Jay Home Buyers wants to help homeowners sell a house fast .
  • Blue Jay Home Buyers has an easy, three-step process that makes the home selling simple.
  • Blue Jay Home Buyers is a reliable home buying company in Hartford that can help homeowners sell their house fast.

Fast House Buyers Offers the Easiest Home Selling Process in San Antonio

Saturday, October 17, 2020 - 1:00pm

Fast House Buyers offer solutions and help homeowners sell their house for cash in less than a week's time.

Key Points: 
  • Fast House Buyers offer solutions and help homeowners sell their house for cash in less than a week's time.
  • Whether it be foreclosure, burdensome inheritance, divorce settlements, or tax issues, Fast House Buyers in San Antonio, TX, offers a simple solution for any issues homeowners are facing.
  • Instead of listing the house on MLS as a real estate agent would do, Fast House Buyers are signing a contract with the homeownerto buy their San Antonio house.
  • The best way to avoid foreclosure in San Antonio is with the help of Fast House Buyers.

W. P. Carey Inc. to Release Third Quarter 2020 Financial Results on Friday, October 30, 2020

Friday, October 16, 2020 - 12:30pm

NEW YORK, Oct. 16, 2020 /PRNewswire/ --W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, announced today that it will release its financial results for the third quarter ended September 30, 2020 before the market opens on Friday, October 30, 2020.

Key Points: 
  • NEW YORK, Oct. 16, 2020 /PRNewswire/ --W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, announced today that it will release its financial results for the third quarter ended September 30, 2020 before the market opens on Friday, October 30, 2020.
  • The company will host a conference call and live audio webcast to discuss its financial results at 10:00a.m.
  • Eastern Time the same day, details of which are provided below.
  • Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.

Trump Condos Fetch a 10% Premium Over Similar Luxury Units, Down From 34% in 2016

Thursday, October 15, 2020 - 1:24pm

The median sale price of the typical Trump-branded condo has declined 17% since 2016, while the price of the typical comparable luxury condo has dropped 1.3%.

Key Points: 
  • The median sale price of the typical Trump-branded condo has declined 17% since 2016, while the price of the typical comparable luxury condo has dropped 1.3%.
  • Trump properties also take longer to sell;the typical Trump-branded condo spent 118 days on the market before going under contract this year, compared with 78 days for the typical comparable luxury condo.
  • "The fact that Trump condos continue to fetch 10% more than similar luxury condos may be a reflection of the president's devoted supporter base."
  • "Before Trump entered the political sphere, his name on a building represented luxury," Fairweather continued.

Q3 2020 U.S. Foreclosure Activity Reaches Historical Lows As The Foreclosure Moratorium Stalls Filings

Thursday, October 15, 2020 - 5:01am

The report also shows there were a total of 9,707 U.S. properties with foreclosure filings in September 2020, down 2 percent from the previous month and down 80 percent from September 2019.

Key Points: 
  • The report also shows there were a total of 9,707 U.S. properties with foreclosure filings in September 2020, down 2 percent from the previous month and down 80 percent from September 2019.
  • Highest foreclosure rates in South Carolina, Illinois, New Mexico
    Nationwide one in every 5,048 properties had a foreclosure filing in Q3 2020.
  • Properties foreclosed in Q3 2020 had been in the foreclosure process an average of 830 days, up from 685 days in the previous quarter but down slightly from 841 days in Q3 2019.
  • Lenders completed the foreclosure process on 2,013 U.S. properties in September 2020, down 1 percent from the previous month and down 83 percent from a year ago.

McWilliams|Ballard Publishes Fourth Issue of Live Well Magazine

Wednesday, October 14, 2020 - 7:27pm

WASHINGTON, Oct. 14, 2020 (GLOBE NEWSWIRE) -- McWilliams|Ballard, the leading firm for new development sales and marketing, is proud to announce the release of its fourth issue of Live Well.

Key Points: 
  • WASHINGTON, Oct. 14, 2020 (GLOBE NEWSWIRE) -- McWilliams|Ballard, the leading firm for new development sales and marketing, is proud to announce the release of its fourth issue of Live Well.
  • From luxury condominiums and designer townhomes to custom single-family homes, Live Well highlights over 75 new communities and serves as a guide to the best real estate throughout the Washington Metropolitan Area.
  • McWilliams|Ballard, based in Alexandria, Virginia, is a real estate sales and marketing firm specializing in the sales and marketing of new condominiums, townhomes and mixed-use communities.
  • In addition, the firm also provides consultation and market research used by some of the most renowned developers and investment groups in the country.

Rubis Terminal Infra Announces the Success of its Offering of Additional Senior Secured Notes

Friday, October 9, 2020 - 9:00am

The Additional Notes, when issued, will trade under the same ISIN and Common Code numbers as the Original Notes.

Key Points: 
  • The Additional Notes, when issued, will trade under the same ISIN and Common Code numbers as the Original Notes.
  • Pending consummation of the Tepsa acquisition, the gross proceeds of Temporary Notes will be deposited into an escrow account for the benefit of the holders of the Temporary Notes.
  • This press release may include projections and other "forward-looking" statements within the meaning of applicable securities laws.
  • Any such projections or statements reflect the current views of the Issuer or its subsidiaries about further events and financial performance.

Wectory revolutionise the relationship between landlords and their tenants

Wednesday, October 7, 2020 - 3:30pm

Tension between perfectly reasonable landlords and tenants, simply because both parties are seeking to lower their own financial risks.

Key Points: 
  • Tension between perfectly reasonable landlords and tenants, simply because both parties are seeking to lower their own financial risks.
  • Wectory is a mobile app that offers landlords several months of prepaid rent in advance, in exchange for a discount.
  • Tenants still pay monthly, but landlords can choose to receive rent for any period of time they fancy (within reason, of course).
  • The benefits for landlords are clear, but how easy will it be to encourage tenants to use Wectory?

Eviction Moratoriums and Potential Rent Forgiveness Continue to Cause Confusion; Opines TenantScreeningUSA.com

Wednesday, October 7, 2020 - 11:00am

Protestors in the state of Washington are calling for rent forgiveness, as related to the Covid 19 pandemic.

Key Points: 
  • Protestors in the state of Washington are calling for rent forgiveness, as related to the Covid 19 pandemic.
  • (1)
    Almeida adds: "Legislators are potentially going to make changes to laws governing rental properties and, subsequently, tenant screening .
  • Whether through moratoriums or rent forgiveness the challenges landlords and property managers will continue to face will be significant.
  • With a highly trained and experienced staff, TenantScreeningUSA.com can provide help to landlords and property managers with all their tenant screening needs.