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DETROIT-Lender Ally Financial, formerly known as GMAC, has declared that its mortgage unit Residential Capital has settled Fannie Mae's buyback claims on home loans worth $292 billion for about $462 million.
DALLAS-Kansas City Southern Railway Co. has bought a 28.3-acre land located northeast of Centennial Drive and Spring Creek Parkway in Wylie from Pooran LP.
PROVIDENCE, RI-Providence Community Health Centers, a nonprofit organization, is constructing a clinic measuring 40,200 square feet on a 3.5-acre site on Prairie Avenue in the neighborhood of Upper South Providence.
ORANGE COUNTY, CA-Steadfast Income REIT, an Orange County-based realty investment firm, has purchased 147 units in Park Place Apartments, a multifamily community located in Des Moines, IA.
IRVINE, CA-Three long-stalled projects managed by SunCal Cos. could hit the market for sale as a consequence of a recent ruling by the federal bankruptcy court in Santa Ana.
SANTA CLARITA, CA-The Santa Clarita Valley Economic Development Corporation has shifted its office to College of the Canyons from Magic Mountain Parkway.
NEW YORK CITY-Belkin Burden Wenig & Goldman, a real estate law firm based in New York, has renewed its lease agreement for 10 years with ABS Partners Real Estate for 33,700 square feet of space at 270 Madison Ave.
NEW YORK CITY-Cafe Today has signed a lease for 15 years with The Moinian Group for 5,500 square feet on the ground floor and 2,500 square feet on the basement at 60 Madison Ave.