REAL ESTATE NEWS - Financing and Mortgages

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Boca Raton's Via Mizner Faces $195M Foreclosure Amid South Florida Multifamily Debt Crisis
Penn-Florida Companies' Boca Raton Apartment Building Faces Foreclosure Over Alleged Loan Default.
Aerial view of Via Mizner in Boca Raton facing foreclosure.
West End Development Secures Potential $49 Million Subsidy Boost
Sycamore Development clears hurdle on $103M Dallas West End project with initial approval of $49M city subsidy.
West End development secures $49 million subsidy boost, urban construction site.
Seattle Developer Defaults on $240 Million Office Tower Loan
Martin Selig Real Estate defaults on $240M loan for 2 Seattle office buildings due to rising office vacancy.
Seattle office tower loan default by developer, $240 million debt.
Boston Real Estate Times: P3 Academic Housing Conference Rescheduled for January 2025
P3 Academic & Student Housing Conference Postponed to January 22, 2025, at Burlington Marriott Hotel.
Image: Boston skyline with conference venue, P3 Academic Housing Conference rescheduled.
Developer Secures $108M Financing for Stanton Apartment Complex
Bonanni Development secures $108.4M in financing for 300-unit VRV apartment complex in Stanton.
Stanton Apartment Complex secures $108M financing, developer celebrates success.
Fulton Market developer secures $25 million multifamily loan
Fifield Companies secures $24.75M refinance for Luxe on Fulton Market apartment complex despite challenging lending environment.
Fulton Market developer secures $25M loan for multifamily project.
Mortgage Relief in Limbo: Rates Expected to Remain Elevated for Homebuyers
Mortgage rates expected to stay above 6%, with home prices continuing to rise in 2025, according to a new housing forecast.
Image: Frustrated homebuyers looking at rising interest rates, uncertain mortgage relief status.
New York taxpayers aid in refinancing of luxury skyscraper at 8 Spruce Street
Blackstone's 8 Spruce Street apartments defy "affordable housing" label, featuring luxury amenities like Douglas fir accents.
Luxury skyscraper at 8 Spruce Street in New York City refinanced.
Real Estate Expert Predicts Imminent Deflationary Period
Founder of Top-10 Property Management Company Warns Inflation Fears May Be Overhyped.
Real estate expert predicts upcoming deflation in market, graph showing downward trend.
Cosby's Upper East Side Townhouse Faces Foreclosure Threat
Bill Cosby sued by CitiMortgage over alleged default on $4.2 million Lenox Hill townhouse loan.
Bill Cosby's Upper East Side townhouse, facing foreclosure threat.
Irvine Senior Housing Complex Secures $473 Million Bond Financing
Developers secure record-breaking $473m bond financing for 350-unit Irvine luxury senior housing project.
Irvine senior housing complex secures $473M bond financing, exterior building view.
Housing Market Forecasts Remain Shrouded in Uncertainty by 2025
Federal policy changes may surprise real estate market, but economists predict modest shifts ahead.
Real estate agent showing house to couple, uncertain housing market forecast.
Penthouse on Manhattan's High Line Sells for Record-Breaking $47 Million
Penthouse 36 at One High Line Sells for Record $47 Million in Downtown Manhattan.
Luxury penthouse on Manhattan's High Line sells for $47 million.
Insurance Crisis Hits Real Estate Market
Compass Realtor Jay Nix breaks down the evolving home insurance landscape.
Real estate market affected by insurance crisis, buildings with red warning signs.
Broadshore secures $90M investment from DRA for St. Charles apartment exit
DRA Advisors expands beyond Chicagoland, buying 400-unit apartment complex in St. Charles for over $90 million.
Broadshore receives $90M investment from DRA for St. Charles apartment sale.
Wells Fargo's Real Estate Restructuring Strategy Examined
Bank consolidates local offices as lenders reassess property needs nationwide.
Wells Fargo real estate restructuring strategy analysis, office building interior.
Real Estate Tax Hike Looms Despite Rate Decrease
Paxton: Ford County's 2024 tax levy seeks a 17% hike in real estate taxes.
Real estate tax increase imminent despite decreasing rates, city skyline in background.

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