Tag Archives: Private Equity

Beyond the Numbers, Confidence Returns to Housing

While first-timers are getting more interested, current homeowners are getting less interested, according to the Campbell survey. Meanwhile investor interest in housing rose to a four-month high, accompanied by a rise in sales of distressed properties. Investors, who largely buy … Continue reading

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Private Homebuilders: Dead Men Walking

One of the biggest impediments to housing’s recovery is credit, tight credit. The Chairman of the Federal Reserve, Ben Bernanke, said in a speech to the National Association of Home Builders today: “Current lending practices appear to reflect, in part, … Continue reading

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Spec Building is Back, With a Catch

With consumer confidence weak and getting weaker, and demand for housing showing no signs of resuscitation, home builders today are not only changing their building models, they’re changing their business models; that includes returning to a practice that brought many … Continue reading

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Stewart takes majority stake in PMH Financial

Stewart Lender Services has acquired a majority stake in a company that provides services to financial institutions for distressed real estate assets. Houston-based Stewart Lender Services acquired the stake in PMH Financial PMH Financial Latest from The Business Journals Braddock … Continue reading

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Flow of Real Estate Capital Surges

Companies and funds reported raising $35.48 billion from investors in the second quarter for real estate-related deals and refinancings. The amount of funding raised brings the total inflow for the first six months of the year to more than $66.43 … Continue reading

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Credit Crunch Has Home Builders Sleepless in Seattle

The only thing more cold and gloomy than my pre-dawn live shot here in Seattle this morning was the February housing report from the Department of Commerce. Housing starts plunged 22.5 percent in February from the previous month, and building … Continue reading

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