Commercial

US Postal Service Selling Off Historic Buildings

The U.S. Postal Service (USPS) has been trying to unload its office buildings in an effort to cut down on expenses and refurbish the losses it had incurred over the past few years. Some of these buildings contain historical murals of the New Deal era (1933 to 1939) and are of immense architectural value.

Update: Cole Credit Trust Refuses American Realty’s $5.7 Billion Acquisition Offer

Cole Credit Properties Trust Inc has declined the $5.7 billion acquisition offer that American Realty Capital Properties had offered. The company has rejected the bid stating that the offer was not in the best interests of its shareholders and it would pursue buying Cole Holdings Corp.

Home Equity is Back After 4-Year Leave

For the first time in 4 years, homeowners are withdrawing more cash from their home’s equity than they are depositing, Capital Economics reports.
EDITOR'S PICKS
Real Time Analytics