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Monthly Archives: August 2015

Houston Churches Sue City for Trying to Take Their Private Property

The Houston Housing Authority found itself in the middle of a sticky lawsuit this week when the agency tried to use eminent domain to “steal” two historic churches’ property as part of an urban renewal project. A Texas attorney representing the two churches is alleging that the city intended to use some of that property to build a for-profit business. ...

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Bankrupt 50 Cent desperately seeking to rent out his mansion

50 cent rent

According to TMZ, 50 Cent is looking to rent out his massive Connecticut estate. 50 Cent – real name: Curtis James Jackson III filed for bankruptcy, 50’s been trying to dig out from under his debts, and during a meeting with his creditors on Wednesday, his lawyers revealed the rapper is now trying to sublet the mansion which features 21 bedrooms, 9 ...

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Rental Housing Discrimination Against Singles

Problem tenants

Rental housing discrimination comes in different forms. From ethnic discrimination to gender discrimination, even discrimination based on social class or is it disability related discrimination. Now, we won’t be talking about all of that today, albeit we will be turning our searchlights on a common form of discrimination which is discrimination based on marital status There are some landlord that ...

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IPMAN’s Housing Projects Are Credible – Okoronkwo

Housing project

In an interview with leadershipng correspondent, the factional president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Elder Chinedu Okoronkwo, gives a detailed background into the association’s lingering leadership crisis. He also cleared the air on allegations surrounding its proposed housing scheme. Read excerpts below: There is also an allegation that your housing scheme is fraudulent? When we came on ...

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AlphaMead plans to lower entry level for middle income home buyers

middle income home buyers

Alpha Mead Development Company (AMDC) has announced its plans to lower the entry level for middle income home buyers in Nigeria, using a modular building system. AMDC is one of the Strategic Business Units of Facilities Management Company, Alpha Mead Facilities & Management Services Ltd (AMFacilities). The company’s plan was revealed at a press briefing in Lagos recently, where it ...

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Landlord & wife arrested for tenant’s death over quit notice

Delta State Police Command is currently investigating circumstances surrounding the alleged killing of one Iriguvwedo Joshua by his landlord, Mr. Blessing Omasehe. The victim, who until his death, was a driver and machine operator at a private water factory located by Aziza Junction, along Warri-Sapele Road, was alleged to have died from wounds sustained from the attack at his Chinkelly ...

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Morgan Stanley raises $1.7 billion for real estate fund

Morgan Stanley (MS.N) said on Wednesday it has raised $1.7 billion for its eighth direct investment real estate fund. The fund, called North Haven Real Estate Fund VIII Global, has already made investments in the United States, U.K., Austria, Japan and Australia. The fund’s investors include public and private pension funds, sovereign wealth funds, insurance companies and family offices, said ...

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‘The demand for luxury real estate within the Nigerian consumer is so big’

demand for luxury real estate within the Nigerian consumer

The United Nations recently identified the real estate sector as one of the fastest growing in the Nigerian economy, having the capacity to drive economic growth if well harnessed. Despite the uncertainties in the policy direction of the Buhari-led government, investments continue to stream into the real estate space. Focusing on the luxury real estate market, Sijibomi Ogundele, Chief Executive ...

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