Tag: Property

U.S. property reinsurance rates rise by up to 50% on Jan 1-broker says

LONDON (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup losses from natural disasters such as wildfires, storms and hurricanes. Reinsurers provide insurance for insurers and the prices they agree […]

U.S. property reinsurance rates rise by up to 50% on Jan 1-broker says

LONDON (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup losses from natural disasters such as wildfires, storms and hurricanes. Reinsurers provide insurance for insurers and the prices they agree […]

‘Can people just leave other people’s property alone?’

Surprisingly, it appears some people are still unaware that Tesla dashcams are able to record when the vehicles are parked. In the subreddit r/PublicFreakout, a Redditor shared fury-inducing footage of a woman in Toronto appearing to key one of the automaker’s electric vehicles after the sun had gone down. “Just why?” one commenter wrote. “This […]

Former Harford County car dealer sells final property

Dec. 30—By John Coffren — john.coffren@baltsun.com PUBLISHED:December 30, 2023 at 3:22 p.m.| UPDATED:December 30, 2023 at 3:23 p.m. Former car dealer Mike Martino has sold his seven-acre parcel on Belair Road in Fallston to Jones Junction, which already was leasing part of it as a Kia dealership, according to a news release. The parcel includes […]

Company buys commercial property in Massillon

A real estate company has purchased seven properties, including vacant commercial land, located at the intersection of 1st Street NE and McCadden Avenue NE in Massillon for a total of $715,000, according to the latest real estate transfers filed with the Stark County Auditor’s Office. Honeytown Land Holdings 3M LLC, which lists a Wooster mailing […]

UK Property Becoming More Affordable at Quickest Pace In Decades

(Bloomberg) — House prices across Britain are on track for their longest stretch of improving affordability in more than two decades, opening the way for more people to grab a rung on the property ladder. Most Read from Bloomberg The trend reflects forecasts for rising wage growth and a stagnation or even slump in house […]

Mortgage Investor JER Files for Bankruptcy, Is Latest Property Firm to Crash

(Bloomberg) — JER Investors Trust Inc., a mortgage REIT, filed for bankruptcy in the latest sign of distress in commercial real estate. Most Read from Bloomberg The real estate investment trust — which counts private equity firm C-III Capital Partners among its top shareholders — owes more than $100 million to creditors, but has less […]

‘Largest single property development’ – and jobs

The pace of development won’t be tapering off in Santa Rosa County in 2024, and Shannon Ogletree, the county’s economic development guru, intends to open the year with a big reveal. In January or February, he said, he’ll be releasing the name of a major food distribution company, presently traveling under the moniker of Project […]

Westwood neighborhood will add a new short-term rental property

Dec. 26—Stillwater City Planner Jacqueline Porter announced at last week’s City Council meeting the planning commission received three letters of appeal to the approval of a short-term rental license at 311 South Eyler Lane and, because of these appeals, a public hearing was held at the City Council meeting. Those who were against the approval […]