Investment Property Loans

The beautiful ruins of an American dream

The beautiful ruins of an American dream
CAN the once-great American city of Detroit, now in ruins and abandoned to crime, make a comeback? By Paul Toohey

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Google Grows In Ireland With EUR99.9 Million Building Buy

Google Grows In Ireland With EUR99.9 Million Building Buy
LONDON -(Dow Jones)- Google Inc. (GOOG) is expanding its operations in Dublin by agreeing Thursday to pay EUR99.9 million for the city’s tallest office building, in one of Ireland’s largest property deals since the financial crisis.

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Podmore offers to step down from Irongate

Podmore offers to step down from Irongate
Once-proud property financier, developer and investor Kevin Podmore will step down from Irongate, if it means the firm can be saved from receivership.

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Mountain Real Estate Capital Acquires and Restructures Note on 270-Acre Master Plan

Mountain Real Estate Capital Acquires and Restructures Note on 270-Acre Master Plan
CHARLOTTE, N.C.–(BUSINESS WIRE)–Charlotte-based Mountain Real Estate Capital (MREC) recently closed another acquisition: a $20 million note held by CommunityOne Bank of Asheboro, N.C., which is secured by the Kellswater Bridge community in Kannapolis, N.C. MREC also worked with the current developer to restructure the debt and allow for a smooth transition of ownership. MREC will team with …

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Down markets has some developers switching condos to rentals

Down markets has some developers switching condos to rentals
Eric and Rae Erickson thought they had made a sound investment when they paid $154,000 for a three-bedroom condominium in McArthur Landing about three years ago.

Read more on The Fayetteville Observer

Slow Money and Wisconsin Farming 3.0

Slow Money and Wisconsin Farming 3.0
Mark Olson talks about the combination of America’s shaky finances and poor eating habits as though they were the Brady Bunch. “We’re putting together two systems that are broken,” says the second-generation Spring Green farmer. Olson is part of a group of farmers, investors and thinkers in southern Wisconsin who are trying to use new investment strategies to save a failing farming industry.

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Heading towards a slow death

Heading towards a slow death
The Obama administration on Friday released its long-awaited proposal for overhauling the mortgage market, calling for gradually shutting down bailed-out mortgage giants Fannie Mae and Freddie Mac.

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