A new asset management firm announced plans to invest over $1 billion into distressed properties and convert them into rental homes. Sylvan Road Capital, LLC, which launched Wednesday, was co-founded by a former head of U.S. housing strategy at Morgan Stanley, Oliver Chang. During a time when home values remain low and rent prices are […]
Safeguard Properties announced in a statement Thursday that it has reached an agreement to acquire the entire field service operations of Bank of America. Through the agreement, Safeguard will take on the employees and vendor network of the field service operations out of three facilities – two in California and one in Texas. The transaction is […]
Recapping the week’s news with emphasis on protecting your company’s name on the internet.
Tonight will be longer by a second. International timekeepers are adding a leap second to the clock at midnight universal time, which is 7 p.m. CDT. Universal time will be 11:59:59 and then the unusual reading of 11:59:60 before it hits midnight. A combination of factors, including Earth slowing down a bit from the tidal […]
In February of 2012, Wells Fargo implemented a new policy of Post and Store for all property contained within foreclosed homes in the United States. Prior to February, the normal procedure regarding disposal of debris within their control was to properly dispose of all non personal property according to local regulations. This disposal paid a flat fee […]