• Real Estate

    China’s property problems spread to once-healthy developers like Shimao

    InterContinental Shanghai Wonderland, a luxury hotel developed by Shimao and managed by IHG, opened in 2018 and is pictured here on Oct. 11, 2020. Costfoto | Future Publishing | Getty Images BEIJING — One of China’s healthiest real estate developers has reportedly defaulted, a sign of how more pain is ahead for the heavily indebted industry. Shimao Group shares briefly plunged more than 17% Friday after Reuters reported the property developer failed to make full repayment on a trust loan. A subsidiary of the company subsequently said in a filing it was in talks to resolve the payment. Shares closed more than 5% lower in Hong Kong, while most major…

    Comments Off on China’s property problems spread to once-healthy developers like Shimao
  • Real Estate

    Trading of Chinese property developer Kaisa shares halted in Hong Kong

    Trading in shares of Chinese real estate developer Kaisa was halted Wednesday for the second time in two months, as troubles in China’s property sector resurfaced this week. The developer had been snowed under by debt issues, as it struggled to make repayments recently.  It looked unlikely that it met its $400 million offshore debt deadline on Tuesday, according to Reuters. Kaisa halted trading in early November for nearly three weeks, following news that it had missed a payment on a wealth management product. There was no immediate reason given for the latest trading halt. Kaisa had said in late November that it would restructure offshore debt payments due in…

    Comments Off on Trading of Chinese property developer Kaisa shares halted in Hong Kong
  • Home Improvement

    Suburban Family Still In Shock After They Hired Home Improvement Contractor Via HomeAdvisor, Only For The Contractor To Smash Up Their Property

    FOREST PARK, Ill. (CBS) — A suburban backyard was left in tatters with the garage and furniture hacked apart – and you won’t believe who was responsible. As CBS 2’s Tim McNicholas reported, Jonathan Moody does not need video to remind him of May 15 – but there is video of what happened. READ MORE: Police Release Surveillance Video Of Fatal Shooting In Lincoln Square “What are you doing?” his wife is heard yelling in horror as a man smashes the windows and siding on their garage – with their patio furniture already lying wrecked behind the man. “It brings up just a lot of the trauma of that day,”…

    Comments Off on Suburban Family Still In Shock After They Hired Home Improvement Contractor Via HomeAdvisor, Only For The Contractor To Smash Up Their Property
  • Real Estate

    Expect more defaults from Chinese property developers: Loomis Sayles

    Investors could expect more Chinese property developers to default on bond payments, but troubles in the real estate sector have not spilled over to other industries, an analyst said Tuesday. Financial distress among Chinese real estate firms came to forefront in the last few months as Evergrande and other developers struggled to repay their debt. Evergrande appeared to have averted a default after reportedly remitting funds for an interest payment last week. “Most likely we are going to see more defaults … of these developers,” Bo Zhuang, senior analyst at investment firm Loomis Sayles, told CNBC’s “Street Signs Asia.”  Read more about China from CNBC Pro The analyst said the…

    Comments Off on Expect more defaults from Chinese property developers: Loomis Sayles
  • Uncategorized

    The 5 Best Examples Of Inventive Real Property Itemizing Descriptions

    It was lottery primarily based and we obtained picked for the model we favored rather less but decide to go ahead with it anyway. Obviously they did not negotiate on the value but after I requested for the $5k incentives, they said they had been not offering that. STILL we went forward considering “what’s 5k if we’re getting a nice house on the end, we’ll deal”. Where to buy actual property on the Dutch Side of SXM island, Caribbean The Dutch St. Maarten occupies the southern a part of the island. It is a small territory, because it has only 34 square kilometers, inhabited by about 30,000 people. Due to…

    Comments Off on The 5 Best Examples Of Inventive Real Property Itemizing Descriptions
  • Kitchen Decoration

    How often should a landlord redecorate a rental property?

    There’s no fixed timescale in which you should redecorate your rental property. However, many landlords choose to redecorate around once every five years, and generally at the end of long tenancies. It’s not always clear who should be doing the redecorating, and who should pay for it – but doing some simple work to your property can increase its rental value. In this article, we’ve answered some of the most common landlord questions on redecorating a rental property. Get your free guide on landlord redecoration tips Download your free in-depth guide to landlord redecoration tips. Get instant access to expert hints and tips in the click of a few buttons.…

    Comments Off on How often should a landlord redecorate a rental property?
  • Living Room Decoration

    Hot Property: This Home in New Ken Has Window Eyebrows, Ornate Decor

    PHOTOS BY LIZ GEIBEL REAL ESTATE PHOTOGRAPHY Jack and Patty Buck found love in more ways than one. The couple met in 1991, married in ’92 and started looking for a home to share. After more than a year of searching, they stumbled upon 399 Oakwood Drive in New Kensington — and fell hard for it.   Located on a private cul-de-sac with only eight other homes, the all-brick, century-old home features an eyebrow detail above the second-floor windows, craftsman-style pillars and a terra-cotta tile floor on the front porch. The carved oak door has beveled glass sidelight windows. Above this, a six-foot-long transom of stained glass in greens and yellows…

    Comments Off on Hot Property: This Home in New Ken Has Window Eyebrows, Ornate Decor