McMechen Real Estate News
Jan 17, 2015 | via The Intelligencer
The Evan G. Roberts Charitable Trust recently approved money which has enabled the John Marshall Field Renovation Committee and the John Marshall High School Football Boosters to become free of debt for an undertaking of some nine years ago. Leigh Ann Scherich, certified mortgage loan officer and vice president of BB&T in Moundsville, and also that branch's Roberts Trust, said the check was for a "substantial amount." Comment?
Dec 23, 2014 | via JD Supra
Discussing the Two Pillars of America's Main Street Economy - An Interview with Larry F. Mazza, CEO of MVB Bank, Inc. Larry Mazza is Chief Executive Officer of MVB Financial Corp., the parent of West Virginia-based MVB Bank, Inc. Mr. Mazza also serves on the MVB Financial Corp. Board of Directors. He is a recognized name in West Virginia banking with over 25 years of experience in both large banks and community banks. Comment?
6 min ago | via Seeking Alpha
Remember that ARCT5 was aggregating capital using its non-traded REIT platform, so essentially the investors were paying $10.00 and only around $8.50 was being invested in the real estate. The stage is set for another round of financial engineering, except this time, the magician is not around for the final liquidity event. Comment?
9 min ago | via The Financial Mirror
In an interview with the Financial Mirror, Ross said that the foreclosures framework will help the bank "to engage effectively with borrowers and to manage down the high level of problem loans, especially the larger ones and strategic defaulters." However, he was also reassuring that the new "framework does not necessarily also entail that the weakest segments of society will be left unprotected. Comment?
15 min ago | via TheStreet.com
NEW YORK - There are truths, half-truths and unfortunately some outright myths about money management in retirement, and this is as good a time as any to list the most damaging advice coming from the conventional wisdom crowd these days. "When it comes to your retirement and money, you've probably heard that you should spend as little money as possible once you are retired," say Kevin Houser and Gary Plessl, founders of Allentown, Pa.-based Houser & Plessl Wealth Management Group and authors of The Book on Retirement: Are You Ready for the Second Half of Your Financial Life? "Or you may have heard you should wait as long as possible to touch your retirement accounts." Comment?
30 min ago | via South China Morning Post
Hong Kong's two major realtors are expanding aggressively as they jostle for market share in a highly competitive industry, reflecting growing optimism about the housing market. Midland Realty opened 12 new branches yesterday, while Centaline Property Agency responded by announcing it would add 30 outlets by the end of the year. Comment?
35 min ago | via The Business Journal
All of us at the Business Journal want to extend our congratulations to the ninth annual Forty Under 40 recipients. These 40 individuals were selected by the Business Journal editorial staff from more than 120 nominations. Comment?
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