MERABI ORGANIZATION GROUP, LLC. (MOG) IS FAMILY OWNED. A PRIVATE OWNERS OF COMMERCIAL REAL ESTATE IN THE U.S. WE HAVE GROWN FROM A SMALL PROPERTIES OWNER FIRM TO A LARGE REGIONAL REAL ESTATE ENTERPRISE, OWNING AND OPERATING BUILDINGS PRIMARILY IN THE NEW YORK CITY, NEW JERSEY AND LOS ANGELES REPRESENTING CLASS A LUXURY RENTAL OF OFFICE, RETAIL, RESIDENTIAL , AND HOSPITALITY PROPERTIES. AT MOG, THE EXPERTISE HOUSED UNDER ONE ROOF IS EXTRAORDINARY. WE ARE STAFFED TO BUILD EVEN THE MOST COMPLEX DEVELOPMENTS, WHETHER COMMERCIAL, OR RESIDENTIAL, QUICKLY AND ECONOMICALLY WITH IN-HOUSE ARCHITECTURAL, CONSTRUCTION, DESIGN, ENGINEERING, LEGAL, MARKETING AND FINANCIAL DEPARTMENTS, AS WELL AS A NEW DEPARTMENT JUST FOR FORECASTING AND RESEARCH SINCE 2008
CoreLogic posts higher earnings, hikes guidance in wake of hostile bid
Other moves it is undertaking include business divestitures and increased dividends while defending against a takeover attempt. Source: Mortgage
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Mortgage rates rise for the first time in over a month
Mortgage rates rose for the first time in six weeks, going back the above the 3% mark, as spreads to the 10-year Treasury yield widened again, according to Freddie Mac.…
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Two Harbors seeks for-cause termination as manager dispute escalates
The mortgage REIT's external manager responded by filing a new lawsuit against it, calling the move "baseless and retaliatory." Source: Mortgage
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Getting Your Hair, Nails and Tattoos Done at Home
Scared to go out for that manicure, dog grooming or tattoo renewal? These businesses will come to you. Source: NYTIMES
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Storage Units Are Standing By
When it was time to quarantine with parents, or give up a lease, renters often had to make quick decisions on what to do with all their stuff. Source: NYTIMES
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Northeast Top Producers view tech more favorably than counterparts
Almost six in 10 completely agreed that company-provided technology met or exceeded their expectations. Source: Mortgage
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New Residential's next focus: recapture existing servicing customers
The company lost $8.9 million in the second quarter, but its origination and servicing businesses were profitable. Source: Mortgage
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90-day delinquencies triple as foreclosures hit record low in June
With coronavirus moratoriums still in place, foreclosures fell to the lowest level since at least 2000, while serious delinquencies ballooned by 1.2 million in June, according to Black Knight. Source:…
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Metro Detroit home prices up, but sales way down
Home sale prices are up while sales numbers are way down in metro Detroit's real estate market, which has yet to experience any collapse in values from the coronavirus-caused recession.…
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Cracks begin to show in multifamily lending
Delinquencies have been ticking up since the start of the coronavirus pandemic and Capital One is warning of more pain unless the government provides additional relief to tenants and landlords.…
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