How Does Transfer of Equity Work?

If you’re looking to transfer the ownership of your property, we’ve put together this handy guide so you can understand the process and what this allows you to do. So What Is It? Transfer of equity essentially works by transferring the equity of ownership of a jointly owned piece of real estate to one of the joint owners solely. To further understand this concept though you need to be aware of what equity is and why people choose to transfer it. People often refer to equity as how many shares Read more […]

Sears Tower to Get Green Retrofit

The tallest building in the Western Hemisphere will undergo a $350 million “green” retrofit that its owners said on Wednesday will make the 110-story office tower a beacon for environmentally sound space. Plans call for the 1,450-foot Sears Tower to reduce its electricity consumption by 80 percent and water usage by 40 percent. It will be renamed the Willis tower later this summer in a deal with new tenant global insurance broker Willis Group Holdings. To achieve the savings, owner American Read more […]