Real Estate News

Credit Suisse: What’s going on, and why its stock is falling

Credit Suisse was trending for all the wrong reasons this weekend, as social media was in a frenzy debating whether one of the 30 global systemically important banks would collapse altogether.

The bank did open its doors on Monday. The bad news was, its shares CSGN,
-7.60%

CS,

fell 11% at the open to a new record low, and have dropped 59% this year.

The market that has really caught the attention of traders is that of credit-default swaps. Those are effectively batch on whether a debt issuer will survive. The 5-year credit default swap widened on Friday to 250

Real Estate News

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Price Crosses Above Fifty Day Moving Average of $43.71

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Rating) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $43.71 and trades as high as $45.76. Boardwalk Real Estate Investment Trust shares last traded at $45.71, with a volume of 300 shares trading hands.

Analyst Upgrades and Downgrades

Several equity research analysts recently commented on BOWFF shares. CIBC lifted their price objective on Boardwalk Real Estate Investment Trust from C$56.00 to C$64.00 in a report on Monday, February 27th. Scotiabank lifted their price target on shares of Boardwalk Real Estate

Real Estate News

Beitler Real Estate Corp. News & Articles

(Crain’s) — A deal between developer J. Paul Beitler and St. Andrews’s Greek Orthodox Chicago to develop a high-rise condominium on a site adjacent to the Edgewater church is falling apart, nine months after the collapse of another transaction with a different developer on the same site. See related story: Apartment REIT drops plans for Lake Shore Drive Tower In August, Mr. Beitler had sought city zoning approval for a 45-story condo tower that would include 288 residential units and parking for 613 cars. The three-acre site is located just south of the church, 5649 N. Sheridan Rd. In a

Real Estate News

Green New Deal Boosts Appeal of New Build Investments

Investing in new-build property has traditionally been a popular form of property investment due to the range of benefits it can offer – this has seen many investors purchase off-plan (before the house is completed) as a means of maximizing their potential gains.

The push towards making homes energy efficient in recent years has heightened the incentive to invest in new-build properties, as tenants wish to keep their energy bills down. As a result, this has seen increased demand for such properties.

In turn, new-build properties also tend to boast higher EPC (energy performance certificate) ratings of an A or

Real Estate News

The UK Property Market is Now in Better Health Than Four Years Ago

There are various ways we can use to track how the UK property market is performing.

One of the most common ones is house prices and how they are rising or falling. Rising prices mean that the market is performing well, while falling prices are usually a cause for concern.

The Land Registry’s UK House Price Index reports that prices rose by 6.3% annually from January 2023, the latest data available. This shows that the market is still going strong as prices are higher than in 2022.

A second way we can determine the health of the housing market is

Real Estate News

The Top 10 Cheapest Areas of London to Buy a House or Flat

6. Croydons

Croydon is in south London. Croydon is the largest town in the London borough of Croydon and one of the largest in Greater London. It has a population of around 385,000.

The average house price in Croydon (based on the CR0 postcode area) is currently £375,376.

The Croydon CR0 area includes districts such as the town center itself and Addiscombe, Addington, Beddington, Broad Green, Coombe, Forestdale, New Addington, Selhurst, Shirley, Spring Park, Waddon and Woodside.

Croydon has a wide range of local amenities for retail and leisure. It also has some of the best transport links in London.