CIG Acquisitions Grp Sells Croydon Arms Apartments

CIG Acquisitions Group LLC sold the 94-unit Croydon Arms Apartments to 3720 Croydon LLC for $ 6.75 million, or approximately $ 72,000 per unit. The 55,554-square-foot building is currently undergoing major renovations and is not inhabitable at this time. The property is being renovate
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HP to merge printer, PC arms in revamp: sources

SAN FRANCISCO (Reuters) – Hewlett Packard Co CEO Meg Whitman plans to combine the computing giant’s PC and printing divisions in a major internal overhaul intended to spur combined sales of hardware to customers, two sources familiar with the move told Reuters. That reorga
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ARMs Hit New Record Lows in U.S. as 30-Year Fixed-Rate Mortgage Average 3.98%

Frank Nothaft Based on Freddie Mac’s latest Primary Mortgage Market Survey (PMMS), fixed mortgage rates changing little and remaining near their historic lows while adjustable-rate mortgages averaged new record lows. The 30-year fixed has averaged at or below 4 percent for the f
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