Simon Property Group to Acquire REIT Taubman Centers
On Monday, Simon Property Group Inc. (NYSE: SPG) announced it has agreed to acquire real-estate investment trust Taubman Centers Inc. (NYSE: TCO) in an all-cash deal valued at...
Home Prices Ramped Up in September
After home prices faltered for most of the year, home prices began to gain throughout September. On a national level, prices rose by 3.2% annually in September, up from a 3.1%...
U.S. Housing Starts Reach 12-Year High in August
U.S. homebuilding reached a more than a 12-year high in August as both single- and multi-family housing construction sped up, suggesting that lower mortgage rates finally gave...