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 …
Tag Archives: distressed real estate
‘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 …
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 …
Five Strategies for Special Servicer Negotiations: How to avoid the most common stumbling blocks
Whether you are a borrower, a B-piece holder or a foreclosing mezzanine lender, at some point you have found yourself …
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 …
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 …
Distressed Property Sales on the Rise
The Wall Street Journal reports that investment opportunities for buyers of distressed real estate are rising as more banks are …
