After Trump order, HUD reviewing industry input on ‘dated’ property requirements

The Property118 incorporation model has probably undergone more scrutiny than any other landlord incorporation strategy in the United Kingdom. After years of HMRC investigations and a full 10-day First-tier Tribunal Appeal hearing, the Tribunal overturned HMRC’s allocation of Scheme Reference Numbers, resulting in the cancellation of those references and an associated Stop Notice.  As Property118’s…

Florida-based MV Realty is suing a law firm it hired to handle its corporate matters, alleging the firm’s work exposed the brokerage to a slew of consumer protection litigation and investigations. The brokerage alleges that Holland & Knight’s services and legal advice “destroyed” its business, which was valued at $350M as of December 2022, according to a malpractice…

European consumers’ inflation expectations inched down in July, the European Central Bank said in a Friday (Aug. 21) press release. Consumers’ median expectations for inflation over the next 12 months decreased from 3.0% in June to 2.9% in July, while those for inflation three years ahead declined from 2.8% to 2.7%, according to the release. Their median expectations for inflation…

A four-story office and retail building across the street from the former Macy’s department store in Downtown Brooklyn has traded, Commercial Observer has learned. Midwood Investment & Development, a New York City-based real estate development and management firm, purchased 423 Fulton Street — opposite the former Macy’s at 422 Fulton Street — for $9.5 million,…

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CommBank and Westpac are now expecting the Reserve Bank to hand mortgage borrowers another near-term rate hike, having adjusted their forecasts in the wake of Tuesday’s lift. The latest change leaves ANZ the only big four bank expecting interest rates to remain on hold for the remainder of this year despite RBA governor Michele Bullock’s…