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Congressman Jim Sensenbrenner Reintroduces the Private Property Rights Protection Act

Congressman Jim Sensenbrenner (R-Wis.) yesterday reintroduced the Private Property Rights Protection Act, which would provide American citizens with the means to protect their private property from inappropriate claims of eminent domain. If a state or political subdivision of a state uses its eminent domain power to transfer private property to other private parties for the purpose of economic development, the state would be ineligible for federal economic funds for two fiscal years following a judicial determination that the law has been violated.

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Attorney General J.B. Van Hollen Announces National Mortgage Settlement Relief Exceeds...

Attorney General J.B. Van Hollen announced today that Wisconsin borrowers received $23.5 million in mortgage loan-related relief in the first quarter of 2013 under the National Mortgage Settlement. Adding to previously announced totals, 3,516 Wisconsin borrowers have now claimed $167,183,021 in loan-related relief. In addition, 106 Wisconsin borrowers are in trial mortgage modifications, which will add $8 million to the State’s relief in coming months – raising the projected total to more than $175 million statewide so far.

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Shopko

The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 320 South Access Road in Rice Lake, Wisconsin for $6,378,560.