Iran’s “supreme leader,” Ayatollah Ali Khamenei, controls real estate, corporate ownership stakes and other assets worth about $95 billion through an organization called Setad Ejraiye Farmane Hazrate Emam (“Headquarters for Executing the Order of the Imam”), Reuters reports.
Setad has amassed some of its real estate empire through what Reuters described as “a methodical moneymaking scheme in which Setad obtains court orders under false pretenses to seize properties, and later pressures owners to buy them back or pay huge fees to recover them.”
Source: reuters.com
– See more at: http://www.inman.com/wire/irans-supreme-leader-reportedly-controls-vast-real-estate-empire/#sthash.Xbhyo0Fv.dpuf
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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