Property Loans Are So Unappealing That Banks Want to Dump Them
Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit.
Recent
A 5% US Mortgage Rate Is Seen as Tipping Point to Unlock Supply
US homeowners are nearly twice as willing to sell if their mortgage rate is 5% or higher, but just one in five mortgaged homes meet that criteria.
Cerberus, Highgate Miss Payments on $415 Million Hotel Mortgage
Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels.
Crowdfunded Real Estate Deals Unravel as Funds Vanish
Investors who together put up $63 million to buy pieces of Atlanta and Miami commercial real estate have allegedly seen their funds disappear.
Economist Sees 'A Potential Rally' in the Housing Market
New home sales surging, new construction on upswing, home prices bouncing, enough for one economist to says housing market bottomed.
Housing Expert: ‘Builders are Feeling Great Right Now’
Homebuyers faced with few options on resale market were quick to snatch newly built homes this spring. Trend that likely to continue this summer.
Blackstone REIT Announces Major Asset Liquidations As Redemption Requests Continue
Real estate investment trust still trying to raise money for shareholders, recently announced sale of $3.1B worth of its commercial portfolio.
