Better sues former CEO Garg over alleged securities violations

Key insight: One of the Federal Reserve’s preferred methods for gauging inflation expectations painted an improving — if not quite optimistic — outlook on inflation expectations.  Expert quote: “The ability to look through supply shocks depends, in part, on inflation expectations and underlying inflation. Expectations remain well-anchored.” — Anna Paulson, president of the Federal Reserve…

Two months after the latest report on the fate of H&R Real Estate Investment Trust, a deal is in place for the Canadian firm to be sold to a group including Josh Gotlib and Meyer Orbach’s GO Residential REIT. GO Residential announced the acquisition of H&R’s assets in a cash-and-units deal valuing the 27 properties…

Suppose you invest £500,000 of your own money into a property business. The money is used to acquire and improve rental properties which remain in the business, continue to generate taxable rental income and, after several years, are worth considerably more than the amount you originally invested. You may eventually decide that you no longer…

The developers of a 2,300-acre mixed-use project in North Phoenix have announced plans for the first phase of industrial buildings as they seek to draw in suppliers for Taiwan Semiconductor Manufacturing Co.’s chip fabrication campus. Photo credit: Courtesy of Halo Vista Rendering of the Halo Vista development The Halo Vista mixed-use district will include seven…

Prime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court Apartments, for approximately $388,000 per unit. Marcus & Millichap’s Jeff Louks, Gayle Factor and Elliot Sabag represented the seller, while Matt Ziegler…

If Andy Burnham’s assumption of office is meant to usher in a new era, it’s begun with the same old mistakes made by the short-lived leaders of recent years. That is, with promises of big disruptive change casting a cloud of uncertainty across the market. We were supposed to enjoy a period of relative political…