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Federal Reserve Announces Another Major Cash Settlement with Mortgage Servicers: $8.5 Billion to be Paid in Cash, Used to Help Borrowers
In a joint press release issued by the Federal Reserve and the Office of the Comptroller of the Currency, news this past week is that 10 mortgage servicers around the country have entered into a settlement agreement with the federal government over allegations of bad acts in mortgage [...]
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South Florida Commercial Real Estate: How Will Miami Commercial Property Fare in 2013?
Entering into the New Year, Florida real estate analysts and professionals involved in land development and real estate investment are looking at the South Florida commercial real estate market and wondering how it will fare in the upcoming twelve months. All things considered, the future of South Florida Commercial Real [...]
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Diabetes Research Institute: A Global Effort to Find a Cure for Diabetes
The Diabetes Research Institute has partners in Sweden, Argentina, China and other countries, too, through the connections made through the Diabetes Research Institute Federation. For more on how diabetes researchers around the world are working together to find a cure for diabetes, watch this short video from CureDiabetes:
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Foreign Investors Survey: International Investors Are Very Interested in Investing in United States Commercial Real Estate
This week, the Association of Foreign Investors in Real Estate (AFIRE) released its yearly review of international investment trends: for several years now, AFIRE has compiled a year-end survey of foreign investors to learn what spots around the world they are considering as top investment opportunities.
1. International Investor [...]
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Florida Governor Points to Florida Economic Growth in 2013 As Best Since 2005, According to New Federal Reserve Report: News Release of the Week
Florida's economy is being widely monitored, and the Federal Reserve Bank of Philidelphia is among those experts who are analyzing current economic data and forecasting how Florida will fare in the New Year. News from Tallahassee and the Office of Florida Governor Rick Scott is that things are very sunny [...]
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Fiscal Cliff and Florida Real Estate Deals: Two Key Income Tax Exemptions Have Survived the Cliff - Good News for Florida's Real Estate Markets
Today, the impact of the legislation passed by the House and Senate and autopenned into law by President Obama is still being digested and the entirety of its impact is still being analyzed for its impact on businesses, development, and individuals across the country.
Here in Florida, [...]
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Commercial and Multifamily Mortgage Delinquency Rates Are At Lowest Levels Since 2009: News Release of the Week
Lending is obviously important to land planning and commercial real estate development and Florida has been particularly hard hit in its financial industry, so the news this week from the Mortgage Bankers' Association regarding the current commercial loan delinquency rates is good news for many South Floridians: read more here,' [...]
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Florida Isn't the Only Place Boosting Its Economy With "Buy a Home, Get a Visa" Campaigns: Spain, Ireland, the Bahamas, and Others Are Offering EB-5 Type Visas, Too
The growing popularity of EB-5 Visas with foreign investors is exciting to see for those of us watching the Florida economy, particularly Miami. Our past couple of posts have discussed aspects of this new "buy a home, get a visa" incentive to foreigners to bring their investments here to our [...]
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DRI: Diabetes Research Institute News of the Week Includes Sad News of Dr. George S. Eisenbarth's Passing
Here, the Diabetes Research Institute's News of the Week:
Dr. Camillo Ricordi was appointed to the Scientific Advisory Board of Orgenesis Inc., a development stage company dedicated to converting a patient’s own liver cells into insulin-producing cells. Dr. Ricordi is donating all stock options related to his services to [...] -
Miami EB-5 Regional Center Application Gets Boost From Proposed Panorama Tower Project: Will Chinese Investment in Florida Skyrocket?
The EB-5 Visa is important to Florida real estate development (as well as the Florida economy overall) because it is a great incentive for foreign investors to choose Florida - particularly places like Miami, South Florida, and Orlando's Lake Nona - as a place to invest their international funds, [...]
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