Word: purchaseed
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Huckabee was in Israel as a guest of the Jewish Reclamation Project of Ateret Cohanim, an Israeli educational foundation that aims to strengthen the Israeli presence in occupied East Jerusalem through the purchase of property for study centers and the families of students and teachers. Against bitter opposition from Palestinian...
Since June, at least eight entities, including such high-profile names as Apollo Global Management, Colony Capital LLC and Starwood Capital, have filed with the Securities and Exchange Commission to launch initial public offerings of new real estate investment trusts (REITs). The plan is to use proceeds from the IPOs...
"I think you're seeing the cycle repeat itself all over again, and Starwood and all of these guys are seeking to capitalize on the dislocation in the credit markets and purchase distressed debt that's out there," says Fox-Pitt Kelton Cochran Caronia Waller analyst Matthew Howlett.
Mortgage REITs make money through spreads: the wider the spread - or gap - between funding costs and yields on mortgages they purchase, the bigger the profit.
USAGE: "Precycling is being thoughtful at the point of purchase in addition to at the point of throwing out. [It] saves precious natural resources, helps with greenhouse gas reduction and can save you money." --Minneapolis Star Tribune, Aug. 4, 2009