Investing

Freddie Mac Mishandling Homeowners Complaints, Audit Reveals

Freddie Mac is not handling homeowners mortgage complaints as good as they should, federal officials announced Thursday.

American Realty Offers to Buy Cole Credit Property Trust for $5.7 Billion

American Realty Capital Properties has reportedly offered to buy Cole Credit Property Trust Inc. for around $5.7 billion in an effort to create one of the largest public real estate investment trusts which will focus on leasing space to single tenants (net-lease sector).

MIG Real Estate Expanding in Arizona; Acquires Two Hotels

MIG Real Estate, a major California-based real estate firm announced its expansion in the state of Arizona with two new hotel acquisitions in its capital city, Phoenix. MIG’s expansion comes as an effort to invest more in the growing real estate market of the U.S.