Liberty Property Trust, a real estate investment trust based in Malvern, Pa., has priced a $300 million offering of 6.625%, 10-year senior unsecured notes.The company said the notes were priced to yield 6.71%. Proceeds will be used to pay down debt under the company's unsecured credit line and for general corporate purposes. Liberty, which specializes in office and industrial properties, can be found online at http://www.libertyproperty.com.
The bureau said the move is intended to remove potentially confusing language with an upcoming revision to the Equal Credit Opportunity Act.
President Donald Trump said he wouldn't sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.
Delayed development pipelines and tradeoffs plague projects as builders look towards creative financing strategies to cope.
Low immigration and fertility rates paired with aging boomers could weaken the foundation of housing demand over the next decade, the MBA finds.
The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.
Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.
