Low vacancy rates driving multi-family financing boom
A growing amount of money is flowing to finance the buy of existing apartment complexes in Orlando, which ultimately is benefiting area lenders, real estate brokers, contractors and suppliers. Loans to buy or refinance existing Orlando multi …
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Banks urged to disburse money to rescue property market
Though the real estate prices have dropped by 30-40 percent, apartments still have been left unsold, because both buyers and real estate developers still cannot access bank loans. Banks have announced the programs to fund individuals' plans to buy …
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Irish Homes Drawing Buyers After Market Crash: Mortgages
“It's the first time I've bought in Ireland,” said Neil Cotter, a 47-year-ancient accountant based in Gibraltar who bought three apartments in Dublin last month at a sale of distressed real estate. “I just had a look at all the markets in Europe and it …
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Frankfurt Turns Offices to Homes as Excesses Lift Vacancy
“Some older buildings are so expensive to turn into apartments that banks are not playing along,” he said. “There are lots of buildings that have potential, but because of financing difficulties they just stand empty.” The concerns are sometimes …
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