L. J. Melody & Co., a Houston-based real estate investment banking company, has announced that it's changing its name to CBRE | Melody to reflect its relationship with its parent company, CB Richard Ellis."The company name change is a part of the integration of the Melody platform and CBRE's Investment Properties operations into CBRE Capital Markets," said Brian Stoffers, executive managing director and chief operating officer of CBRE | Melody and president of CBRE Capital Markets. The company said another benefit of the name change is that it will give Melody more name recognition in Europe, Asia, and other parts of the world where the CBRE brand name is well known. The company can be found online at http://www.cbremelody.com.
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The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
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Small businesses located near HUD's historic headquarters claimed the department's decision violated laws requiring that its offices stay in Washington, D.C.
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The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
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The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.
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