A space on the mantel: Homes of Oscar nominees

The movers and shakers of the movie-making industry have checked off most of the red-carpet events this awards' season: Critics' Choice Awards, Screen Actors Guild Awards and Golden Globes. Next up? The granddaddy of 'em all: The Academy Awards.The movers and shakers of the movie-making industry have checked off most of the red-carpet events this awards’ season: Critics’ Choice Awards, Screen Actors Guild Awards and Golden Globes. Next up? The granddaddy of ‘em all: The Academy Awards.







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Study: Costs Linked To Proposed Lease Accounting Changes Could Harm Economy, CRE Values

Real estate businesses and property values could be adversely affected by the new accounting standards — and the cost of complying with them — according to a report backed by a coalition of real estate and business groups.

As international rule makers prepare to release another draft of proposed accounting changes that would require companies to capitalize real estate and equipment leases, a report warns that current proposals would impose huge… View full post on National Commercial Real Estate News From CoStar Group

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Mortgage Bills May Soon Be Simpler to Grasp

The Consumer Financial Protection Bureau has proposed, and is seeking comment on, a standardized mortgage statement that sets out to make monthly mortgage bills easier to understand.

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Home sales jump to fastest pace in almost 2 years

Sales of previously owned homes surged in January to the fastest pace since May 2010 in another sign that the housing market is slowly making some headway against its longest dip since the Great Depression.Sales of previously owned homes surged in January to the fastest pace since May 2010 in another sign that the housing market is slowly making some headway against its longest dip since the Great Depression.







View full post on msnbc.com: Real estate

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W.P. Carey Converting to a Public REIT

Investment firm W.P. Carey & Co. LLC (NYSE:WPC) plans to convert into a publicly traded real estate investment trust (REIT) and, in doing so, will acquire its non-traded REIT affiliate, Corporate Property Associates 15 Inc.

The firm said it expects the change in structure will help increase its market share and improve access to capital. The transaction values CPA 15 at $2.6 billion, including the assumption of debt of $1.2 billion, as of Dec…. View full post on National Commercial Real Estate News From CoStar Group

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