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Luxury Real Estate Foreclosures Up 61 Percent
Thursday, December 5, 2013 - 1:16pm | 526It appears the rich are finally catching up with the rest of the nation, when it comes to real estate foreclosures. While overall U.S. foreclosure activity was reportedly down 23 percent, year-to-date through October, RealtyTrac says foreclosures on luxury properties valued at $5 million and...
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Obama Forces GSA to Renegotiate Leases with Landlords Nationwide
Monday, June 14, 2010 - 6:00am | 728At the end of last week, President Obama signed a memo aimed at forcing GSA entities to reign in over $8 billion in building costs collectively by the end of 2012. We all know the Washington D.C. office market is subject to, and at the mercy of, the whims of the government, but...