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Current Rental Properties News Today

Rental inspections considered
With nearly half of all residences in Greenville being listed as rental units, the City Council is again considering the implementation of a rental inspection program.

Fri, 30 Jul 2010 23:21:08 -0700

Taking steps toward refinancing a rental property
I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance my rental home? If so, any tips would be appreciated.

Fri, 30 Jul 2010 21:00:00 -0700

Brookfield Properties refocuses on office portfolio, picks up assets down under
TORONTO - Brookfield Properties Corp. plans to sell its residential real estate assets and focus on buying up office towers around the world, beginning in Australia where it will buy a portfolio of properties from its parent company for US$1.4 billion.

Fri, 30 Jul 2010 14:02:00 -0700

Henderson Properties and Property Solutions Realtors Merge
Charlotte - Henderson Properties, a full-service Charlotte real estate firm, has entered a merger agreement with Property Solutions Realtors, a property management company. Both firms are located in Charlotte, N.C. and serve the greater metropolitan area.

Fri, 30 Jul 2010 13:59:33 -0700

Parkway Properties Purchases Note for $33 Million
PARKWAY PROPERTIES, INC. announced today the purchase of a first mortgage note secured by three properties owned by RubiconPark I, LLC from Special Servicer JE Robert for $35.0 million. Â Rubicon US REIT owns an 80% interest in RubiconPark I, LLC, and Parkway Properties, LP owns the remaining 20% interest.

Fri, 30 Jul 2010 17:15:00 -0700