Has Multi-Family Peaked?
A recent article on Bloomberg highlighted the record prices being paid for Manhattan apartment buildings, which has reduced yields on …
Previous articles
Short Sales Outnumber Foreclosures?
A recent article on Bloomberg.com reports that the number of short sales of homes in the U.S. surpassed the number …
Michigan Case Could Send Shockwaves
An article in the Wall Street Journal describes a recent decision in a Michigan appellate court and the repercussions it …
Considerations for Foreclosing Mezzanine Lenders – Part 2
Here, we continue our discussion of considerations for foreclosing mezzanine lenders. Type of Foreclosure In preparing to exercise remedies under …
Special Servicers Agreeing to More Write-Downs
The Wall Street Journal reports that special servicers are increasingly agreeing to large principal reductions in negotiations with distressed real …
Tranche Warfare Comes to Las Vegas Casino
An article in the Wall Street Journal highlights a recent example of the “tranche warfare” that has been waged among …
Residential Foreclosures Up 2% in New York
Bloomberg reports that the foreclosure backlog is increasing in states like New York, New Jersey and Connecticut, where foreclosures are …
Major Developers Wading in to Multi-Family Sector
The Wall Street Journal reports that major developers of retail and office properties in the U.S. are beginning to take …
Hotel Lenders Avoid Foreclosures
Bloomberg reports that lenders are doing more to avoid foreclosing on loans secured by hotel assets than any other other …
Brookfield Chases Distressed Deals
The Wall Street Journal reports that Toronto-based Brookfield Asset Management is targeting big-ticket real estate assets that have suffered in …
