An aerial view of a construction worker roofing an apartment on May 27, 2020 in Uniondale, New York. Al Bello | fake pictures To find a V-shaped recovery from the economic remnants of the coronavirus pandemic, look at the nation’s single-family home builders. Homebuilders sentiment rose 14 points to 72 …
Read More »JC Penney Gets More Time From Lenders In Search Of Survival
An empty parking lot is seen outside a closed JC Penney Co. store on Mt. Juliet, Tennessee, Thursday, April 16, 2020. Luke Sharrett | Bloomberg | fake pictures JC Penney will fire nearly 1,000 employees as he works out a plan with his lenders to emerge from bankruptcy. The struggling …
Read More »Lori Loughlin, Mossimo Giannulli said she would take ‘Brutal Loss’ at the sale of the mansion in Bel Air, California to Tinder co-founder Justin Mateen
(Newser) – A Tinder co-founder slipped into Lori Loughlin’s Bel Air mansion, but reportedly not what she and her husband Mossimo Giannulli hoped to get. The couple, now awaiting sentencing in the college admission bribery scandal, originally listed the 12,000-square-foot, seven-bedroom house for $ 35 million, although that was more …
Read More »Mortgage Rates Set Another Low Record
Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters It hardly sounds like news anymore: Mortgage rates fell to another record low last week, and that revitalized the demand for refinancing. Home buyers, however, took a step back. The total volume of mortgage applications …
Read More »Brookfield, other US mall owners rent parking lots during a pandemic
A drive-in theater is installed in the parking lot of Brookfield’s Park Meadows shopping center in Lone Tree, Colorado, just outside of Denver. Source: Kilburn Parking lots, of all places, are becoming major sources of income for some mall owners during the coronavirus pandemic. Brookfield Properties has signed an agreement …
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