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Federal government is not powerless to stop Chinese real estate deals near sensitive US military bases
Source: The Hill --- Is the U.S. government unprepared to respond to a Chinese company purchasing land near a vital military base? The Air Force recently wrote Congress to explain that the interagency Committee on Foreign Investment in the United States (CFIUS) lacked...
More US Homebuyers Are Paying in Cash, Sweeping a Majority of Sales in Some Markets
Source: Yahoo! Finance --- The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usually account for many cash sales, retreated, according to data from real estate data analytics firm Attom. That suggests more regular...
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Crypto real estate: the property market built on digital assets
Source: The Big Red --- Portugal’s first property sale in cryptocurrency might have looked unremarkable, but it didn’t feel that way to those who had been working for nearly a year to make it happen. On May 4, in an office in the northern city of Braga, two men pulled...
US mortgage lenders are starting to go bankrupt — how this one factor could be triggering the worst surge of failures since 2008
Source: Yahoo --- The real estate market just can’t catch a break, with inventory of resale homes remaining low and rising interest rates making it harder for buyers to justify making the leap. And now we can add mortgage lender bankruptcies — and the rise (and fall)...
Oak Street reportedly offered $2 billion to Kohl’s for property; law firms trying to gather investors for class action lawsuit
Source: Milwaukee Journal Sentinel --- Kohl's Corp. owns billions of dollars worth of property and one firm is trying to buy it all. Oak Street Real Estate Capital reportedly offered Kohl's roughly $2 billion for its real estate and to lease it back to the...
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