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Condo Loan - News Articles
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Thursday, October 23, 2008
MarketWatch -
ANCHORAGE, Alaska, Oct 23, 2008 (GlobeNewswire via COMTEX) -- Northrim BanCorp, Inc. (Nasdaq:NRIM) today reported that net income was $1.6 million, or $0.24 per diluted share for the third quarter of 2008 after taking a provision for loan loss reserves ... -
Wednesday, October 22, 2008
WJHG-TV, FL -
The current crisis means most loans are harder to get, but some loans are impossible. Regions Bank has a moratorium on financing new condo projects and is currently working to help clients sell the new condo units currently sitting empty. ... -
Oct 21, 2008
Bangkok Post, Thailand -
"Banks will tighten mortgage loans and rejection rates will rise next year. As a result, it's likely that the outstanding number of condominium units will increase due to a large number of untransferrable units." ... -
Thursday, October 23, 2008
Cincinnati Business Courier, United States -
A banner atop 310 Culvert St. downtown, where a pair of developers had planned the 77-unit Edge condo conversion, now advertises commercial space. Dirt is all that’s evident on the riverfront property formerly occupied by the Montgomery Inn Banquet Center, ... -
Thursday, October 23, 2008
The Plain Dealer - cleveland.com, OH -
Prosecutors say Character and Cody in 2007 helped secure loans of $1 million for a condo in Lyndhurst, $888000 for a home in Moreland Hills and $640000 for ... -
Wednesday, October 22, 2008
Mortgageorb, CT -
a $6.5 million first mortgage for a South Bend, Ind., hotel condo project; and a B-piece of a $28 million bridge loan made to a New York City developer in 2006 and secured by a first mortgage lien on a property in Tribeca. Source: Palisades Financial ... -
Oct 18, 2008
The Province, Canada -
The developers of a Surrey condo project that was levelled in a huge fire at the beginning of the month have invited the community and buyers to a meeting Sunday to discuss its future. The Tien Sher Group of Companies, which is building the six-phase Quattro condominiums ... -
Saturday, October 18, 2008
AOL Canada, Canada -
The developer of a condominium complex under construction in Surrey, BC, that was gutted by a fire Oct. 1 will hold a town hall meeting Sunday afternoon. The blaze, which has been called suspicious by fire officials, destroyed 116 housing units in the ... -
Sunday, October 19, 2008
The Province, Canada -
The developer of Quattro, a Surrey condo development that was gutted in a fire this month, is scheduled to hold a town hall meeting this afternoon. Developer Charan Sethi said he wants to keep buyers informed and give them an opportunity to ask questions. ... -
Sunday, October 19, 2008
News1130, Canada -
SURREY (NEWS1130) - The site of a huge fire earlier this month already has the hustle and bustle of workers again, as the rebuilding process is well underway. But people who invested in the Quattro complex in Whalley still have many questions for the ...
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Sunday, October 19, 2008
Jamestown Post Journal, NY -
By Dennis Phillips dphillips@post-journal.com BEMUS POINT The finishing touches are being placed on the Bemus Bay condominiums, with people possibly set to move in sometime this week. Paul Goldberg, Bemus Point Investments LLC co-developer, said things are going well with ... -
Sunday, October 19, 2008
Jamestown Post Journal, NY -
By Dennis Phillips dphillips@post-journal.com BEMUS POINT - The national mortgage crisis might be causing havoc on Wall Street, but not with the Bemus Bay Condominiums. Rumors that the project's developers, Bemus Point Investments LLC, had declared bankruptcy is ''absolute untrue,'' said Steve ... -
Sunday, October 19, 2008
Electric New Paper, Singapore -
The situation is worse for those who opted for deferred payment schemes, said Mr Neo, because some are no longer eligible for loans, and cannot meet payments once the developers issue the Temporary Occupation Permit (TOP). 'They have to get rid of ... -
Oct 17, 2008
Downtown Express -
The advantage to the buyer is clear: The buyer is able to purchase a condo and negotiate the interest rate and the price at the same time. The loans are structured like mortgages, with monthly payments over 20 or 30 years. That gives the seller the advantage of getting ... -
Friday, October 17, 2008
Lewisboro Ledger, NY -
The Planning Board on Tuesday approved several changes to its May 19 approval of the Oakridge Gardens condominium project. The changes, which include a modified payment schedule, allowing the developers to build four “model units” early on in the project, and delaying the ... -
Friday, October 17, 2008
CBC.ca, Canada -
The $350-million Infinity project in central Surrey, BC, comprises five towers of residential-retail complex with 1400 homes. ... -
Friday, October 17, 2008
Globe and Mail, Canada -
The US financial crisis has put the squeeze on another Canadian condominium development whose financing has run out following the collapse of investment bank Lehman Brothers Inc. This time a five-tower development in Surrey, B.C., is searching for new funds ... -
Friday, October 17, 2008
Asia Property Report, Thailand -
“All of our projects have already got project loans, even the new ones we plan to develop next year,” he told reporters. Major is relying on revenue from its existing projects Manhattan Chidlom, Water Mark Chao Phraya and Wind Sukhumvit to reduce the company’s existing debt to ... -
Oct 15, 2008
Bizjournals.com, NC -
Miami-based Ocean Bank continued its wave of foreclosures against projects by getting a receiver to take over Merco Group’s 438-unit development in Aventura . A Miami-Dade County court has appointed Philip J. Von Kahle, managing director of Michael Moecher and ... -
Thursday, October 16, 2008
Crain's New York Business, NY -
While apartment prices in the borough inched down, the number of sales transactions plunged nearly 40% from the third quarter of 2007. Filed Under: ...
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