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Loan Modification
: Mortgage Lender Implode-o-MeterAvalonBay Ramps Up Apartments in Bet Glut Disappears
By Implode-Explode Heavy Industries
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" AvalonBay Communities Inc., the second-largest publicly traded apartment owner in the U.S., plans to start $400 million of construction this year, a wager record vacancies will give way to a rental shortage by 2012."Full post as published by Mortgage Lender Implode-o-Meter on February 18, 2010 (boomark / email).
Lawsuits and Settlements
University Apartments
Capstone Development agrees to $15 million construction defects settlement.
Rent Controlled Apartments
Landlord to pay $10 million settlement after forcing out low income tenants and then selling the buildings for a profit.
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