Markets tagged posts

Billionaire Sam Zell Talks Trump, SPACs, And Interest Rates In Forbes Q+A

Sam Zell is one of the legendary investors of his generation, known for his love of dealmaking, gold chains, and telling it like it is. The title of his 2017 autobiography borrows his favorite phrase: Am I Being Too Subtle? Real estate has long been Zell’s dominion, and he scored a giant win in 2007 with the sale of the REIT he built, Equity Office Properties, for $39 billion, at the top of the market. Less successful, his $8.2 billion LBO of newspaper conglomerate Tribune Co.— which went bankrupt a year later. 

Zell, 78, has a large capacity for spinning many plates in the air simultaneously, and because he enjoys operating in the public markets, you can invest right alongside him...

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3.6 Million Homeowners Missed Mortgage Payments In April—A 1.6 Million Surge

TOPLINE

Mortgage delinquency rates nearly doubled and total delinquencies reportedly increased by 1.6 million in April, the largest single-month jump in history, though the majority are covered under Cares Act forbearance programs.

KEY FACTS

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Housing Market Restarts! Essential Guidance For Buyers And Renters

The U.K. government has today announced their plans for restarting the housing market effective immediately, amending coronavirus regulations and issuing new guidance confirming that private residential buyers and renters in England are now able to take part in viewings and move home as long as they follow social distancing advice. Property agencies are allowed to reopen offices while removal and conveyancing firms will also be able to resume activities from today onwards.

After almost two months under COVID-19 lockdown, this is exciting news for everyone with a vested interest in the revival of the property industry...

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