How a multifamily bet on a changing neighborhood ended up with neglect, foreclosure and an Immigration and Customs ...
In today’s climate of rising interest rates, stretched borrower balance sheets, and starkly uneven recovery across asset ...
The owners owe more than $150 million in unpaid loans tied to the Los Angeles property and another home in Malibu ...
Commercial real estate foreclosures are surging across the U.S., with foreclosures climbing 48% in September year-over-year. California's numbers are especially striking, with a massive 238% increase, ...
Commercial foreclosures jumped 117% year-to-date in March, data from ATTOM shows. It reflects difficulty for the real-estate market, which has been hurt by high interest rates. Offices have led the ...
The Marchesa co-founder is facing multiple lawsuits tied to a West Village apartment and her business interests.
The alleged $29 million default, for a building in Morningside Heights, is the latest issue for Douglas Eisenberg’s firm, which is facing mounting financial strain.
The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work. There were 625 commercial real estate foreclosures in March, up 6% from February and ...
In March, Blackstone Group President Jon Gray told Bloomberg that commercial real estate prices, which have been plunging since interest rates spiked, are “bottoming.” He noted that while vacancy ...
One of the city’s largest private owners of rental housing is facing foreclosure in Morningside Heights—the latest financial ...
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