T REIT Inc., Santa Ana, Calif., has announced the approval by its board of a special liquidating distribution of approximately $2.6 million, or $3.56 per share of common stock, to its stockholders.T REIT said the special distribution will be paid on or about July 6, contingent on completing the sale of the company's interest in the 1401 Enclave Parkway office building in Houston. As of June 8, the REIT had sold nine of its 11 properties and expects to complete its liquidation plan by Dec. 31. T REIT's adviser and operational manager is Triple Net Properties LLC, Santa Ana, which can be found on the Web at http://www.1031nnn.com.
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The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
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The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
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The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
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Ohio-based Liberty Home Mortgage joins several companies who started using a more modernized FICO credit score for nonconforming mortgage originations recently.
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The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
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The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
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