Eagle Hospitality Avoids Foreclosure, Reaches Compromise With Blackstone
The Wall Street Journal reported this week that Eagle Hospitality Trust and Blackstone Group struck a deal to avoid foreclosure …
Category Archives: News
Battle Over Major U.S. Luxury Resorts
An article in the Wall Street Journal this week highlights a developing battle for ownership of four giant U.S. luxury …
New Strategy for Underwater Mortgages Would Use Government Powers of Eminent Domain
The Wall Street Journal reports on a new approach to refinancing underwater home mortgage loans that involves municipalities using their …
Special Servicers Face Criticism for Lean Results From Real Estate Workouts
According to a recent article in the Wall Street Journal, special servicers are being criticized by investors and analysts for …
‘Extend and Pretend’ Taken Further
The Wall Street Journal reports on a December court decision that is causing a stir because of the drastic treatment …
Has Multi-Family Peaked?
A recent article on Bloomberg highlighted the record prices being paid for Manhattan apartment buildings, which has reduced yields on …
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 …
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 …
