REAL ESTATE NEWS - Financing and Mortgages

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Longpoint Acquires $331M South Florida Warehouse Portfolio from Blackstone Group
Longpoint Realty Partners Acquires $331.3M Blackstone Warehouse Portfolio in South Florida.
South Florida warehouse portfolio acquired by Longpoint for $331 million from Blackstone.
New Home Sales Plummet in October
New home sales hit two-year low in October at 610,000 units annually.
US housing market decline: new home sales drop sharply in October nationwide.
Oakland Investor Acquires Office Complex at $65 per Square Foot
Oakland Landlord Affiliate Lands Office Complex at Reduced Price of $13 Million.
Oakland investor purchases office complex at $65 per square foot in California.
San Jose Housing Project Defaults Amid Owner's Financial Struggles
Loan on failed downtown San Jose housing project falls into delinquency.
San Jose housing project defaults due to owner's financial struggles in California.
New NAR Leader Vows to Defend Industry's Worth
Kevin Brown: Homeownership's transformative power can lift people out of poverty, driving his commitment to real estate leadership.
National Association of Realtors leader addresses industry worth and future directions.
Toronto Fall Real Estate Market Slows Down
Toronto area sales momentum: Did October's uptick persist into November?
Toronto real estate market slows down amidst autumn season slowdown.
Parkview initiates foreclosure proceedings at Yonkers property
Yonkers Self-Storage Facility: A Once-Foolproof Investment Now Threatened by High Costs and Interest Rates.
Parkview forecloses on Yonkers property, initiating legal action against owner.
Residential Real Estate Market May Vary Post-Election
2024 Presidential Election Results: Varied Impact on National, State, Local Real Estate Markets
Real estate agents discuss post-election market trends in a downtown city office.
Loop Office Tower Faces $75 Million Foreclosure Lawsuit Against Accesso Partners
Accesso Partners faces potential loss of Chicago office building due to unpaid $75M debt.
Loop Office Tower in Chicago faces foreclosure lawsuit by Accesso Partners for $75M.
New Jersey Developer Sues Lender Over Foreclosure of Mixed-Use Property
Meyer Chetrit Sues Lender After Defaulting on $54 Million NJ Property Mortgage
New Jersey developer sues lender over foreclosure of mixed-use property in dispute.
Treasure Coast Home Sales Plummet Amid Stormy Conditions in Florida
Treasure Coast Real Estate Update: Increased Listings, Fewer Sales with Higher Median Prices in October Compared to September
Florida's Treasure Coast home sales decline amidst severe storm conditions.
Galveston Welcomes First Condo Development in 15 Years by Satya
Galveston's first new condo building in 15 years breaks ground after three-year delay.
Galveston Island condo development breaks ground after 15-year construction hiatus.
Electra Group secures $125M pre-development loan for $1B Cutler Bay megaproject
Electra America and BH Group secure $125M predevelopment loan for $1B Cutler Bay project.
Electra Group receives $125 million loan for Cutler Bay, Florida, megaproject development.
East Coast Condos Under $700K: 10 Charming Options
Median condo sale price in Greater Boston hits $700,000 in October.
East Coast condos under $700K, charming options in coastal cities.
Moore & Van Allen Welcomes David Freda to Real Estate Practice Group
David Freda joins Moore & Van Allen's commercial real estate group in Charleston, S.C.
Law firm Moore & Van Allen welcomes David Freda in Charlotte.
IMC Equity Acquires Miami Shopping Center for $62 Million
IMC Equity Group Acquires Miami Retail Center for $62M, Achieving 32.6% Discount on Original Purchase Price.
IMC Equity acquires Miami shopping center in multi-million dollar real estate deal.
Supera secures $59M financing deal for Lakeview property exit
Supera Asset Management secures $100M debt package for 10 Lakeview multifamily properties.
Supera CEO exits Lakeview property with $59 million financing agreement secured.
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