WeWork targets Chapter 11 exit by May 31, secures $8 billion in rent reduction
WeWork on Tuesday said it aims to emerge from Chapter 11 bankruptcy protection in the U.S. and Canada by May 31, and will receive 80% of its rent commitments from landlords. The company announced that it had negotiated a reduction of more than $100 million. The shared office space provider, once privately valued at $47 […]
It’s cheaper to rent than buy a starter home in top 50 US metros: Report
Rising mortgage rates and falling rents mean it’s cheaper to rent than buy a starter home in any of the nation’s 50 largest metropolitan areas. New data from Realtor.com Published on Monday. In February, rental prices for apartments and small houses fell for the seventh consecutive year, with rents falling by about 0.4% from the […]
It’s 60% cheaper to rent a home than buy in top 50 US metros: study
A recent study found that as of February, there was a shockingly large difference in the odds of renting a home versus buying one in all of the top 50 metropolitan areas in the United States. For so-called “starter homes” in these popular cities (which some argue don’t exist anymore due to exorbitant borrowing rates […]
Michigan Gov. Gretchen Whitmer Faces Backlash for Migrant Rent Program After Illegal Charged with Murder
Michigan’s Democratic governor, Gretchen Whitmer, is facing backlash for providing rent subsidies to programs for illegal aliens after an illegal border crosser allegedly killed a woman. A previously deported illegal alien, identified as Brandon Ortiz Vito, has been arrested and charged with the murder of 25-year-old Ruby Garcia in Kent County, Michigan. The illegal alien […]
MyPillow evicted from Minnesota warehouse over unpaid rent
A court in Minnesota has ordered MyPillow to vacate its former warehouse. MyPillow founder Mike Lindell, a prominent election denier, said: told the Associated Press That the eviction is a formality because the landlord wants the property back. The Minneapolis warehouse is approximately 125,000 square feet and has been leased to Lindell since December 2015. […]
Mike Lindell’s MyPillow evicted from warehouse over $200K rent
Mike Lindell’s company, My Pillow, was evicted from a Minnesota warehouse for failing to pay at least $200,000 in rent. In the latest blow to the once-thriving venture, the product was pulled from shelves just before January after the CEO attended a White House rally. June 6, 2021 Capitol riot. A judge sided with landlord […]
Fox Didn’t Receive the Ratings They Wanted for ‘Rent’ | THR News
The not-quite-live performance comes in at the low end of the decade’s trend of televised musicals. Subscribe for Daily … source
Denver asks property owners to rent to illegal migrant ‘newcomers’ following closure of multiple shelters
City officials in Denver, Colorado, recently sent an email to property owners urging them to: rent their house to illegal immigrants, KDVR It was reported on Wednesday. The city is looking for alternative housing options for immigrant “newcomers” after revealing plans to close four shelters as part of a state of emergency. “Integration” plan This […]
Denver asking property owners to rent space to migrants
Denver property owners are being asked to rent out their space to immigrants as Colorado closes four public shelters. Mile High City Immigration Services issued an email this week to property owners in the area asking for help getting the city’s “newcomers” out of shelters and into more stable housing. “We’re canvassing all the landlords […]
‘Unbelievable’ Maine Offering Migrants Free Rent Before Veterans, Homeless
said Mike Soboleski, Republican candidate for Maine’s 2nd Congressional District. Breitbart News Saturday It’s “unbelievable” that his state would offer “economic immigrants” two years of free rent before helping the homeless and veterans. State Rep. Soboleski wants to unseat Rep. Jared Golden (D-Maine) in Pine Tree’s 2nd Congressional District. Mike Soboleski (Instagram) he spoke Breitbart […]