Trustreet Properties Inc., a real estate investment trust based in Orlando, Fla., has announced the pricing of a private placement of $50 million of 7.5% senior notes due 2015.The notes will be issued at a price of 102.375% of par (plus accrued interest from March 23) and will mature on April 1, 2015, the restaurant REIT said. The company can be found online at http://www.trustreet.com.
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign.
The industry hasn't been sure how much of a lift they'd get this spring but a broader slowdown in hiring may help to lower financing costs.
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Rocket Cos. reported an increase in gain-on-sale margin but warned that going forward it is likely to slip back to levels seen in the second half of last year.
The 2022 vintage had a higher percentage of purchase mortgages, as well as 30-year fixed-rate loans versus the 2021 production, an annual Federal Housing Finance Agency report said.
