Virgin Media O2 to cut thousands of jobs, Sky News reports

You want to buy a rental property, so you put 20% down and get a mortgage to cover the rest. This is how most investors buy real estate, but some (Dave Ramsey) think you can do it without debt—or at least less of it. Can you actually build a real estate portfolio with cash? Will…

New Jersey-based Indian restaurant Samudhra is establishing a presence across the Hudson River in Hell’s Kitchen. The eatery signed a 10,000-square-foot lease on the ground level of the Ellery at 312 West 43rd Street, owned by Taconic Partners and National Real Estate Advisors, for its second location in the U.S. following its first restaurant in…

Trends in how Fannie Mae and Freddie Mac’s legacy shares trade are similar, but there is some variation in views of the two that recent investor disagreement over their prospects highlights. Processing Content Jon Oksenholt, who holds more of Freddie’s shares, recently took issue with Pershing Square’s assessment of the two government-sponsored enterprises late last…

A specialist mortgage lender has completed financing for a holiday let property in Burford, Oxfordshire, demonstrating the niche lending criteria required for properties with occupancy restrictions and non-standard characteristics. Foundation Home Loans provided a mortgage of £153,700 for the purchase of a £205,000 freehold property within a six-unit development. The chalet-style building, constructed with traditional…

“I’m curious whether there’s a downside.”