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Rents spike as big-pocketed investors buy mobile home parks

By MICHAEL CASEY and CAROLYN THOMPSONJuly 25, 2022 GMThttps://apnews.com/article/mobile-home-parks-rent-investors-8dbadf3f9a33faddb06abc980b046176LOCKPORT, N.Y. (AP) — For as long as anyone can remember, rent increases rarely happened at Ridgeview Homes, a family-owned mobile home park in upstate New York. That changed in 2018 when corporate owners took over the 65-year-old park located amid farmland and down the road from a fast food joint and grocery store about 30 miles northeast of Buffalo. Residents, about […]

todayJuly 25, 2022 2

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Credit Suisse shares spike on reported State Street takeover interest

MILAN, June 8 (Reuters) - Shares in Credit Suisse (CSGN.S) turned sharply higher on Wednesday afternoon, with traders citing an Inside Paradeplatz report that U.S-based State Street (STT.N) is planning a takeover bid for the troubled lender, though some in the industry doubt the claim.Credit Suisse shares ended up 3.8% in Zurich after jumping following the report in the Swiss financial blog. From lows hit earlier in the day, the […]

todayJune 8, 2022 8

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