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Houston Apartment Owner Loses 3,200 Units to Foreclosure
Business

Houston Apartment Owner Loses 3,200 Units to Foreclosure

The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link

What Is Personal Cyber Insurance---and Should You Buy It?
Finances

What Is Personal Cyber Insurance—and Should You Buy It?

Before you do, make sure you know the answers to these common questions. Source link

Big Hospital Property Owner Expects Earnings Hit
Finances

Big Hospital Property Owner Expects Earnings Hit

Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings. Source link

Chinese Consumers' Lack of Confidence Is Causing a Rush of Mortgage Prepayments
Finances

Chinese Consumers' Lack of Confidence Is Causing a Rush of Mortgage Prepayments

Worries about future income levels and poor investment returns are pushing borrowers to repay debt early. Source link

Housing Is Turning Out to Be a Lousy Shelter for Investors
Finances

Housing Is Turning Out to Be a Lousy Shelter for Investors

Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. Source link

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Chinese property developer Sunac posts $2 billion core loss in 2022 By Reuters

© Reuters. FILE PHOTO: An advertisement of property developer Sunac China Holdings is seen at a residential complex in Shanghai, China March 25, 2018. REUTERS/Stringer

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Business

JD.com’s Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs

Markets Stocks IPOs Chinese e-commerce giant says it plans to spin off the two businesses through separate listings Source link

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Finances

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs

The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings. Source link

Australia would not allow AT1 debt security holder wipe-out -minister
Stock Market

China’s JD.com to spin off industrial, property units in Hong Kong float By Reuters

© Reuters. FILE PHOTO: The logo of JD.com is seen at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1,

How the Bank Mess Can Hit Home Buyers
Finances

How the Bank Mess Can Hit Home Buyers

Lenders probably aren’t going to be buying many mortgage bonds, which could put upward pressure on mortgage rates. Source link