Property values drop 20 percent
7 hrs ago | via Hometown Annapolis
The tanking housing market has created the largest drop in property assessments in county history, but homeowners should not expect a similar decline in their tax bills. Comment?
Commercial activity still there
Sunday Dec 20 | via HometownAnnapolis
Annapolis commercial real estate agents said businesses are still seeking city office space, but they are taking longer to lock in leases as uncertainty in the market continues. Comment?
Interstate Hotels & Resorts Agrees to be Acquire...
Friday Dec 18 | via Hotel News Resource
Friday December 18th, 2009 Interstate Hotels & Resorts Agrees to be Acquired by Joint Venture Between Thayer Lodging Group and Jin Jiang Hotels Interstate Hotels & Resorts today announced that it has signed a definitive merger agreement to be acquired by Hotel Acquisition Company, LLC, a 50/50 joint venture between subsidiaries of Thayer Hotel ... Comment?
Interstate Hotels & Resorts Signs Merger Agreeme...
Friday Dec 18 | via Hotel Online
Interstate Hotels & Resorts , a leading hotel real estate investor and the nation's largest independent hotel management company, today announced that it has signed a definitive merger agreement to be acquired by Hotel Acquisition Company, LLC, a 50/50 joint venture between subsidiaries of Thayer Hotel Investors V-A LP, a private equity fund ... Comment?
Interstate Agrees to be Acquired by Thayer/ Jin Jian...
Friday Dec 18 | via Hotel Interactive
Interstate Hotels & Resorts , a leading hotel real estate investor and the nationa s largest independent hotel management company, today announced that it has signed a definitive merger agreement to be acquired by Hotel Acquisition Company, LLC, a 50/50 joint venture between subsidiaries of Thayer Hotel Investors V-A LP, a private equity fund ... Comment?
U.S. jury indicts 2 in Baltimore mortgage fraud scheme
Tuesday | via The Baltimore Sun
A federal grand jury indicted two Maryland residents, one of whom is in the country under asylum, on a dozen counts of wire fraud and identity theft this month in connection with a 2008 scheme that used Baltimore properties to swindle a Beltsville lender out of more than $664,000, authorities say. Comment?
Former Bank Employee Sentenced in Mortgage Fraud Scheme
Tuesday Dec 22 | via Federal Bureau of Investigation
U.S. District Judge J. Frederick Motz sentenced Jamilah Al-Bari, age 37, of District Heights, Maryland, today to a year and a day in prison, followed by five years of supervised release, for mail fraud arising from the fraudulent purchase of properties in Maryland, the District of Columbia, and Virginia, announced United States Attorney for the ... Comment?
Prince George's braces for more foreclosures
Sunday Dec 20 | via The Washington Times
Four homes in pre-foreclosure, two bank-owned properties and one house up for auction in an eight-block stretch of 49th Street in Hyattsville highlight the lingering effects of predatory lending and questionable decisions by homebuyers in Prince George's County. Comment?
Wednesday Dec 16 | via The Independent
It will be a very merry Christmas indeed for one Southern Maryland family, thanks to a free mortgage payment, but only if friends act quickly. Comment?
Baking bread makes dough to save home
Wednesday Dec 16 | via Gazette.Net
Cecilia Matos didn't miss a monthly mortgage payment on her townhouse for seven years until she lost her job and $90,000 salary more than a year ago. Comment?
Charting the Markets Wednesday
1 min ago | via Barron's
Dow Jones Reprints: This copy is for your personal, non-commerical use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool on any article or visit www.djreprints.com Fannie Mae The mortgage giant tumbled 7.2%, giving up some of the week's earlier gains. Comment?
Top Transactions - December 31
1 min ago | via Finance and Commerce
Blue Water Road LLC has purchased a 99,353-square-foot building and 8.57 acres at 2700 Blue Water Road in Eagan from San Francisco-based AMB Property II. Comment?
The year 2009 and the state of Black America in turb...
2 min ago | via Final Call
Barack Obama taking charge as the president of the United States was seen as the most significant development for Black America in 2009, according to analysts interviewed by The Final Call , but despite that historical change - serious challenges remain. Comment?
Taxpayer tab for Fannie Mae, Freddie Mac likely to r...
2 min ago | via WNOL-TV New Orleans
These file photos from July 2008 show the Freddie Mac headquarters in McLean, Va., and the Fannie Mae headquarters in Washington. Comment?
U.S. to Take Majority Ownership of GMAC
3 min ago | via KNX-AM Los Angeles
The government is providing a fresh $3.8 billion cash infusion to stabilize GMAC Financial Services as it struggles with hefty losses in its home mortgage unit. Comment?