Fannie, Freddie and FHFA Detail Low Down-Payment Mortgage Programs

#### Fannie Mae, Freddie Mac and their regulator provided details Monday for a low down-payment mortgage program, which could open homeownership to thousands of cash-strapped borrowers. ????

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New York’s $500,000-a-Month Apartment Nabs a Tenant

#### A renter has booked the 39th floor of the Pierre Hotel as well as an additional $150,000-a-month suite on the 10th floor for guests ????

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China Developer’s New Theme: Parks

#### Across China, Dalian Wanda is setting up more than a dozen amusement parks, and it is building space rides and flight simulators to attract tourists. Its recipe for how to beat the foreign brands at their game: target...

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City to Sell Public-Housing Stake to Developers

#### New York City’s financially strapped public-housing authority will get hundreds of millions of dollars by selling a 50% stake in nearly 900 apartments to private developers. ????

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What’s the Deal: News Digest

#### A roundup of commercial property news from across the tri-state region. ????

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Blackstone to Sell California Buildings for $3.5 Billion

#### Blackstone agreed to sell its northern California portfolio of 26 office buildings for $3.5 billion to a Los Angeles-based real-estate investment trust, its largest office sale in seven years. ????

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