George Knapp, chief investigative reporter for Las Vegas CBS affiliate KLAS, found he was a sufferer of the very brand of foreclosures fraud he was investigating for a news report.

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Throughout Macy's first quarter earnings name on Might thirteen, Chief Monetary Officer Karen Hoguet addressed the corporate's real estate technique, suggesting that some estimates valuing its assets have been completed "over simplistically." According to its last annual report, Macy's property has a ebook value of $7.eight billion.

According to Jonathan Miller of Miller Samuel, prices for prime residential real estate in New York were down 4.4 % over the past 12 months.

Taiwanese insurers have been buying real property in London, law firm services the world's prime investment vacation spot, and their Chinese language counterparts have been targeted on continental Europe, the brokerage stated.

After getting his PhD, Saiz was employed in 2003 as an assistant professor on the College of Pennsylvania's Wharton Faculty