REAL ESTATE NEWS - Financing and Mortgages

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Phoenix Class-A Complex Loses Equity Investor, Deal Falls Through
Tides Equities shifts focus from value-add to Class-A multifamily in the Sun Belt.
Abandoned Phoenix office complex with vacant parking lot and construction equipment nearby.
KKR Sells DeKalb Rental Portfolio for $202 Million After Two-Year Ownership
KKR sells 80 Dekalb, a 365-unit Downtown Brooklyn rental tower, to Atlas Capital for $202.5M.
KKR sells DeKalb rental portfolio in Georgia for $202 million.
Real Estate Developers Reduce Debt by 46% from Peak Levels
Net debt of India's top 8 listed realtors: ₹20,808 cr (Q1 FY25) vs ₹44,817 cr (Q4 FY19)
Real estate developers reduce debt by 46% in major market cities globally.
Eli Karp's latest development set for public sale
Eli Karp's Flatbush property, including a vacant lot and multifamily building, heads to auction due to bankruptcy.
Eli Karp's new residential development in [location] goes on public sale.
Invesco RE Exec on Emerging Role of Non-Traditional Lenders
Bert Crouch discusses growth opportunities in alternative lending market.
Invesco real estate executive discusses non-traditional lenders' growing influence globally.
Dallas-Fort Worth leads Texas metros in high-end property sales
Dallas-Fort Worth leads Texas metros in ultra-luxury home sales, outpacing Houston and Austin.
Dallas-Fort Worth metro area leads Texas in luxury real estate transactions.
Louisiana's Insurance Woes Cast Shadow Over Real Estate Market
Louisiana insurance costs soar, dominating discussion at New Orleans realtor conference.
Louisiana real estate market impacted by insurance industry struggles in New Orleans.
Brooklyn Heights apartment sales highlight a buyer's market for multifamily properties
A Brooklyn Heights apartment building with high-end finishes sold for $43.5M, 13% below its asking price of $50M.
Brooklyn Heights apartments sold in a competitive buyer's market for multifamily real estate.
Chicago schools seeks alternative funding sources for capital projects
Chicago Public Schools CEO seeks nearly $1B from TIF funds to address budget crisis.
Chicago school officials explore alternative funding options for infrastructure development projects.
Coral Gables Office Complex Owner Faces $77 Million Foreclosure Suit
Värde Partners seeks foreclosure on Coral Gables office complex owner over $77.4M debt.
Coral Gables office complex owner faces foreclosure suit in Miami-Dade County court.
Webster Bank Seeks Repayment from Shaya Prager
New Jersey investor Shaya Prager faces financial crisis as Webster Bank claims default on $153m loans.
Webster Bank executive seeks repayment from Shaya Prager in court.
Mixed signals: Inflation tamed, but interest rates on the rise
Buyers weigh waiting for lower rates against acting now and addressing interest rate concerns later.
Economists analyze inflation data amidst rising interest rates globally.
North Carolina Real Estate Agent Fees and Commission Rates Explained
Here's what you pay for: A breakdown of Realtor commissions in North Carolina.
North Carolina real estate agent fees and commission rates explained in detail.
Beverly Hills Hotel Owner Secures Additional Loan Extension
Sixty Collective secures fourth loan extension for $38m debt tied to Sixty Beverly Hills hotel.
Beverly Hills hotel owner secures loan extension at luxury California resort.
Home Sales Surge at Fastest Pace in Three Years
Home Buyers Return: Pending Sales Rise 2% Year-Over-Year, Biggest Gain in Three Years
Real estate market booms with home sales increasing rapidly nationwide.

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