It's not news that individual retirement account owners must withdraw required minimum distributions (RMDs) from their IRAs after reaching age 70, or that beneficiaries must make similar withdrawals. But it was news when, in 2009, Congress granted...
One reason apartment REIT executives remain so bullish about an imminent recovery in rents and net operating income has everything to do with the difference between previous downturns and the current one: This time around the sector doesn't have a...
Only two real estate investment trusts (REITs) still exist from the original 1960s vintage, and both have stuck firmly to a well-defined geographic focus.
Hedge fund manager Paul Greenwood of North Salem, N.Y., may spend the rest of his life in prison for ripping off institutional investors of at least $331 million over 13 years. Greenwood faces the hard time without the consolation of his stuffed...