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Still, Cablevision has been disposing of properties lately, not buying.
"We have a vast shortage of affordable homes, which constitutes nothing short of a national emergency, and yet the government is seeking to make quick financial gains by disposing of properties which could provide much needed homes for generations.
We have a vast shortage of affordable homes, which constitutes nothing short of a national emergency, and yet the government is seeking to make quick financial gains by disposing of properties that could provide much-needed homes for generations.
He said the company had experience in disposing of properties in bulk for the Resolution Trust Company, which acquired real estate from failed savings and loans, and from the bankruptcies of companies such as Levitz and Sizzler.
Yet even as delinquencies climb, some analysts say lenders have not been aggressive enough in writing down loans and repossessing and disposing of properties — often a painful process for both banks and borrowers.
And that's why REITs with strong management experience and acquiring, operating and disposing of properties and a good track record can offer a good yield.
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"There has not been an opportunity like this since the R.T.C.," he said, referring to the Resolution Trust Corporation, which disposed of properties controlled by failed thrift institutions at what are now thought to be low prices.
Hudspeth's reply described how the council had already cut back-office functions and looked at shared services as far back as 2006, reduced staff numbers by thousands, and disposed of property.
(4) The owner of record is responsible and liable for charges to the person who has removed, stored, or otherwise disposed of property impounded pursuant to this section; or the Executive Director may assess the owner reasonable fees for the impoundment and storage of property impounded pursuant to this section.
(4) The owner of record is responsible and liable for charges to the person who has removed, stored, or otherwise disposed of property impounded pursuant to this section; or the superintendent may assess the owner reasonable fees for the impoundment and storage of property impounded pursuant to this section.
Housing providers will also need to consider redeveloping or disposing of property that is in the wrong place or vulnerable to extreme weather.
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