NEW YORK: There is a short supply of affordable, well-located and physically accessible housing. This is in part due to a paucity of savings, excessive debt levels and a lack of assets.
There is also another issue to assess: inadequate housing, a problem whereby homes Read More »
NEW YORK: The CEO of Ventas, Debra A. Cafaro, has sold another tranche of shares. She picked up US$761,700 last Friday, when she sold 10,000 shares in the Ventas entity.
She last sold a month earlier. Ms. Cafaro picked up US$5.8m on that occasion, when Read More »
NEW YORK: The deal to sell Suffolk’s Foley nursing home for $36 million fell apart in March 2011, but the county will get to keep $700,000 from the $1.8 million escrow deposit the buyer put down after three years of litigation.
State Supreme Court Justice Read More »
FORT LAUDERDALE: A $1 billion neighborhood of homes, senior-living apartments and hotel rooms, including a 45-story tower that could become Fort Lauderdale’s tallest building, may eventually rise around the Galleria at Fort Lauderdale.
The mall’s owner, Keystone-Florida Property Holding Corp., Read More »