Stickelman & Associates is pleased to announce the expansion of their services to include commercial real estate valuations.
We are proud to announce that we are now accepting new clients for the commercial division.
We are very excited to end the fourth quarter with a new division.
A Hedge Fund That Bet Against Housing Becomes an Ohio Landlord
Thousands of brick houses line the streets of Huber Heights, a leafy suburb of Dayton named for Charles Huber, the builder who developed it in the 1950s. Until this year, his family was the Ohio town’s biggest landlord, owning one-third of all rental housing. Now the tenants’ payments are being routed to a $9 billion hedge fund.
Click here to read more http://www.businessweek.com/articles/2013-10-24/magnetar-hedge-fund-that-bet-against-housing-buys-ohio-rental-homes#rshare=email_article
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VALUATION FRAUD RISK SURGES IN 4TH QUARTER 2012
Overall mortgage fraud risk jumped nationwide during the fourth quarter of 2012 due in large part to a swell in property valuation fraud risk, according to the Mortgage Fraud Risk Report released Feb. 26 by analytics firm Interthinx. According to the report, overall risk increased 16 percent from the third quarter while valuation fraud risk increased 25 percent. Read Full Story