News Alerts. Sept. 22, 2013. Evening Edition. #RealEstate

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  1. Report: Atlanta Becoming Strong IT Hub – Daily News Article – News Alerts. Sept. 22, 2013. Evening Edition. #RealEstate

    “Of particular importance is the absorption of new space appears to be correlated to Atlanta becoming a strong IT hub in the southeast,” the firm reports [“Marcus & Millichap’s third quarter office report”]. “Coca-Cola signed a 275,000-square-foot lease in the SunTrust Plaza building in downtown, where it plans to add 2,000 jobs with the launch of its Information Technology Center of Excellence. … Other companies expanding information technology operations in the region include GM and AT&T, boosting the metro’s IT hub stature.”

    Read the source article …

  2. Consumer watchdog completes work on sweeping mortgage rules – The Hill’s On The Money News Alerts. Sept. 22, 2013. Evening Edition. #RealEstate

    The nation’s top consumer watchdog wrapped up work Friday [Sept. 13, 2013] on sweeping mortgage rules designed to ensure that borrowers can repay their loans.

    The Consumer Financial Protection Bureau (CFPB) said that it has finished making suggested changes to its qualified mortgage (QM) rules, which provide specific guidelines for lenders and borrowers, with the aim of smoothing the implementation process.

    “Our mortgage rules were designed to eliminate irresponsible practices and foster a thriving, more sustainable marketplace,” said CFPB Director Richard Cordray in a statement.

    The mortgage industry has been generally supportive of the new rules first unveiled in January, although credit unions have pushed for an exemption, arguing that their practices didn’t contribute to the housing crash and subsequent financial meltdown five years ago.

    Read the source article …

  3. m-fishency — Multifamily Efficiency Solutions News Alerts. Sept. 22, 2013. Evening Edition. #RealEstate

    How do Millennials start their search for an apartment? Accustomed to finding most of their information from the internet, Google is the go-to spot. “Apartment in (insert city)” pulls up a flurry of search results which are not just overwhelming for the user, but is fiercely competitive for the advertiser to achieve a prominent position. Differentiation is key to make your property appealing to Millennials.

    Read the source article …

  4. When It Comes to Corporate Policy, Clarity Promotes Compliance News Alerts. Sept. 22, 2013. Evening Edition. #RealEstate

    Are you a real-estate investor with employees? Do they understand your management style and expectations?

    Here’s a question: if you’re five minutes late getting to the office, would you consider that “on time”? The author of a recent article about differing interpretations of company policies suggests that younger employees would say yes, five minutes late is as good as on time.

    Read the source article …

  5. Former TARP Watchdog: ‘We’re Headed Toward Another Financial Crisis’ | Here & Now News Alerts. Sept. 22, 2013. Evening Edition. #RealEstate

    … prosecuting the leaders of these banks wouldn’t have been wise.

    From a national risk-management perspective, we disagree with Neil Barofsky about that. Otherwise, his statements are pretty acceptable.

    We aren’t sure just how close to creating another irrational boom cycle we are, which boom will bust, but we are certainly on board with sensible and consistent regulations and oversight.

    If we don’t have another crash, regulations need to stay in place to prevent one. It was the lifting of regulations and the failure to apply new ones that allowed the Great Recession. There’s just no doubt about that.

    Read the source article …