Hibu seeks lease upholding in downtown Cedar Rapids amid foreclosure fight
Hibu asks a judge to declare its Town Center lease valid and enforceable as Deutsche Bank pursues foreclosure of the Town Center complex at 221 Third Ave SE. The suit links Second Succession and Second Progression to a $25 million loan, with Midland Loan Services handling the loan and Hibu alleging misstatements from the lender while the bank seeks to terminate the lease if foreclosures proceed. NAI Optimum has been appointed to manage the properties during litigation.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Hibu
Town Center
Deutsche Bank
Second Succession LLC
Third Ave
Midland Loan Services
Second Succession
Second Progression
Third Ave. SE
Kentucky
Ing
NAI Optimum of
West Des Moines
Taxpayers urged to prepay 2018 property taxes before year end
IRS guidance clarifies that 2018 state and local property tax deductions on 2017 returns require taxes assessed before 2018 and paid by Dec 31. In Linn County and elsewhere heavy call volume targets treasurer offices as residents seek early payments to maximize deductions under the new tax law.
MENTIONED IN THIS ARTICLE
Montgomery County
Department of Finance
Rockville
IRS
Federal Authority
Donald Trump
Linn County
Sara Bearrows
Jean Oxley Public Service Center
Second St
Iowataxandtags. Org
Bearrows
New York
New Jersey
Washington, D.C
WTOP
Fairfax
Fairfax County
Trump
Retailers see no rush in holiday returns despite online gains
Analysts say online shopping growth this season largely came from groceries and electronics with low return rates. Joel Bines of AlixPartners notes return spikes are unlikely as profits stay healthy. Craig Johnson of Customer Growth Partners forecasts sales up 5.5 percent to $671 billion for the two months, a peak since 2005.
MENTIONED IN THIS ARTICLE
Joel Bines
AlixPartners
Electronics At’s
Craig Johnson
Customer Growth Partners
Consumer confidence rises to strongest level since September
Bloomberg Consumer Comfort Index shows a weekly rise to 52.4, with the economy sentiment at 54.1 and personal finances at 59.6 led by Republicans. The report notes stock gains, low unemployment, and rising property values as drivers, with Republicans showing the sharpest optimism and the gap versus Democrats widening.
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Rcial Real Estate
C.R
Ty Matthew Patane
the Gazette
Matthew.patane
Thegazette
Michaela Ramm
Washington Post
Bloomberg News
South
West
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