Items Tagged with 'Singapore'


  • Singapore real estate giant CapitaLand enters U.S. multifamily with $835 million acquisition

    Buying 16 Class-B properties in Seattle, Portland, Los Angeles, and Denver
    With rents continuing to rise with little sign of slowing, multifamily real estate in the U.S. is beginning to draw some serious international investor interest, as one of Asia’s largest real estate companies is planning a U.S. invasion of its own. Singapore’s CapitaLand announced Tuesday that it is entering the U.S. multifamily market with an $835 million acquisition of 16 apartment communities in Seattle, Portland, Los Angeles, and Denver.
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  • Scary Outlook from Former IMF Economist: Report

    While the stock markets opened up significantly lower on continued concern over financials, a downbeat housing starts result, and a larger-than-expected jump in wholesale inflation, words from former IMF chief economist Kenneth Rogoff suggested that more was yet to come.
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  • HUD Official: Mortgage Defaults Not 'Drastically' Increasing

    I had to do a double take at this story that crossed the Associated Press wire earlier today: Speaking on the sidelines of a forum in Singapore, U.S. Housing and Urban Development Assistant Secretary Darlene Williams said the U.S. Federal Reserve's bigger-than-expected half-point cut of its key rate last week signaled that authorities were taking action to support the economy ...
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