Emigration from Puerto Rico
From 1980 to 2000, the average annual migration of Puerto Ricans to the mainland US was 12,000 people. Between 2010 and 2013 that figure jumped to 48,000 people per year,
Continue reading →Tag Archives: Government
Montgomery County’s Office Market – June 2015
Eleven million square of office space in Montgomery County, MD was vacant as of Q2-2015, according to a report by Partners for Economic Solutions. In mid-2014, the county’s office inventory included 11 buildings that were either completely or almost completely … Continue reading →
Russians Continue to Find Security in London Real Estate
In the first half of 2014, Russians purchased more than 20 percent of London homes with asking prices above $15 million, according to Families had deserted their farms, fresh air, and the fragrances of the generic no prescription viagra land, … Continue reading →
Philippine Central Bank to Introduce RE Price Index
The Philippines central bank is introducing a Residential Real Estate Price Index to track property prices and enable policymakers and investors to better assess the risks arising from the country’s booming real estate market,
Continue reading →British Property Secrecy and Corruption
Companies registered in offshore tax havens such as the British Virgin Islands own 36,342 buildings in London, according to The New York Times (citing data from Transparency International). Of the 180 million pounds of property in Britain that They also … Continue reading →
Greece Privatization Program Unlikely to Meet Pre-election Forecasts
Last year, cash proceeds from Greece’s privatization program amounted to €530 million. The number was lower than expected in part due to administrative and legal delays in closing several large deals,
Continue reading →S&P Downgrades Russia’s Credit Rating to “Junk”
Standard & Poor’s (S&P) downgraded Russia’s credit rating to “junk” today – the first time in ten years that the country has been assessed a below investment-grade rating, according to The Financial Times. According to the latest findings, Tobacco use … Continue reading →
S&P to Pay $80 Million to Settle CMBS-related Claims
Standard & Poor’s (S&P) will pay $20 million and suspend part of its CMBS business as part of a settlement with New York and Massachusetts over claims that the financial research and analysis company relaxed standards for calculating the debt-service … Continue reading →
Congress Adjourns Before Passing TRIA Reauthorization
Congress adjourned for the 2014 without passing an extension of the Terrorism Risk Insurance Act (TRIA reauthorization). Risk insurance is required for many existing commercial mortgage loans. Notes with coverage that will lapse on Dec. It order generic levitra view … Continue reading →
Cuba Ripe for Real Estate Development
President Obama’s announcement of the restoration of diplomatic relations between Havana and Washington opens the prospect of US real estate developers entering the Cuban market to address that country’s aging infrastructure and untapped potential. Cuba is the second-most visited Caribbean … Continue reading →