Conversion of historic downtown Milwaukee Masonic Center to hotel is on hold, and the building is for sale.

Plans to convert a historic downtown Milwaukee building into a luxury hotel have been indefinitely delayed, with the property listed for sale.



a view of a city at night: Construction of a luxury hotel is to begin by June at downtown Milwaukee's former Humphrey Scottish Rite Masonic Center.


© Kraig Kalashian Architecture & Design, Metro Studio
Construction of a luxury hotel is to begin by June at downtown Milwaukee’s former Humphrey Scottish Rite Masonic Center.

An affiliate of Madison-based Ascendant Holdings Real Estate bought the former Humphrey Scottish Rite Masonic Center,  790 N. Van Buren St., in 2017 for $3.5 million.

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Ascendant planned to convert the three-story Masonic Center into the hotel’s lobby, restaurant and meeting rooms, with a 14-story addition atop the building’s southern end, stepped back from the street.

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That tower was designed for 215 to 220 guest rooms, with five to 10 guest rooms on the Masonic Center’s third floor. 

Those plans were approved by the city Historic Preservation Commission, with Portland,

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What should investors do with UltraTech Cement post Q2: buy, sell or hold?



What should investors do with UltraTech Cement post Q2: buy, sell or hold?


© Nachiket Deuskar
What should investors do with UltraTech Cement post Q2: buy, sell or hold?

UltraTech Cement share price added 2 percent in early trade on October 22 after the company reported strong numbers for the quarter ended September 2020.

The company has reported a 113 percent YoY increase in Q2 FY21 consolidated net profit mostly due to the sale of its Chinese subsidiary.

Consolidated profit surged to Rs 1,235 crore in the quarter ended September 2020 from Rs 579 crore in the same period last year.

The company reported an exceptional loss of Rs 335.73 crore, including an impairment provision of Rs 57.92 crore, towards old advances for purchase of certain land and impairment provision of Rs 271.18 crore which has been made on a loan receivable (asset held for sale).

Also Read – UltraTech Cement Q2 profit jumps 113% to Rs 1,235 crore

Here is what brokerages

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Ford Government’s New Legislation Will Make It Significantly Harder to Hold For-Profit Long-Term Care Homes Liable for COVID-19 Harms

TORONTO, Oct. 21, 2020 (GLOBE NEWSWIRE) — The Ford government has introduced legislation that would make it significantly harder for residents and families to hold long-term care homes liable for harm resulting from exposure to and infection with COVID-19. The legislation covers any individual, corporation or entity and includes the crown (which means the government and its agencies).

Bill 218, which was both introduced in the Ontario Legislature by the Ford government and passed First Reading yesterday, is retroactive to March 17, 2020 meaning the legal rights of those who were infected, potentially infected or exposed to coronavirus on or after March 17, 2020 will be compromised by the legislation, if it is passed, no matter when they started any legal actions. There will be no compensation or relief for plaintiffs as a result of having their rights extinguished under this bill. The major changes in the legislation are as

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Google Assistant will now wait for you on the line if your call is put on hold

It is never a pleasing experience when your call is put on hold. Google wants to save you the trouble of waiting anxiously and making good use of those lost minutes with a new Hold for Me feature in the Phone app. This new feature, which is currently being tested as a preview on the Pixel 5 and Pixel 4a 5G, will make the Google Assistant wait for you on the line when someone puts your call on hold. The virtual assistant will then wait for someone to come back on the line, and once the person on the other end is ready to speak, it will alert you with a sound cue, vibration, or an on-screen prompt. Essentially, say goodbye to repetitive hold music forever. 

“Hold for Me is powered by Google’s Duplex technology, which not only recognizes hold music but also understands the difference between a

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Vancouver real estate: Prices are up again, what does the future hold?

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Realtor Ian Watt, who specializes in downtown Vancouver condos, where rising inventory has been more pronounced, said the median price in September decreased 10 per cent from previous month, and the median price decreased 14 percent from September 2019.

Housing starts across B.C. in September hit 25,308, down from 33,100 during the same period in 2019.

However, that is comparing housing starts in 2019 that ended up reaching a record high of 44,932, even though most forecasts, including that of the B.C. government, had been for the number at the end of the year to be around 35,000.

“If anything, new home construction has been remarkably strong given what normally happens in a recession,” said Brendon Ogmundson, the BCREA’s chief economist.

He sees the split in the market less pessimistically, but describes the economics as very unusual.

“Instead of seeing falling home sales and rising inventory as

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Buy and Hold Real Estate Investor Financing

Real Estate Investor Financing

Now is a great time to invest in: single family, two to four unit buildings, condominiums and town homes as well as multifamily apartment buildings. For Real Estate Investors who are operating as a business buying residential properties to hold and profit from the positive cash flow, there are only limited financing options available. There are now programs available to you. For conventional residential one to four unit properties the standard conventional guidelines through Fannie Mae and Freddie Mac limits a borrower to only have four properties financed, including their owner occupied home.

There is a great solution for you. Even while conventional financing guidelines severely limit who can qualify (and this has only gotten worse in the past few years) there has been a rise in portfolio lenders that will lend on residential investment properties with similar guidelines as commercial apartment financing. This is great … Read More