REAL ESTATE NEWS - Financing and Mortgages

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RFR Sells Gowanus Development Site to Unknown Buyer for $160 Million
Aby Rosen's Gowanus development site, facing foreclosure, sold to Tavros Capital and Charney Companies for significant profit.
Gowanus waterfront development site sold to unknown buyer for $160 million.
Real Estate Asset Management in the Digital Age: A Path Forward
Real estate asset managers face challenges with manual data management, hindering decisions and increasing errors, as the industry shifts towards automation for improved portfolio performance.
Real estate professionals using digital tools for asset management and investment strategies.
Barings Secures $134M Refinancing for North Carolina Multifamily Property
Barings provides $134M loan for 283-unit NC apartment complex refinancing.
Barings refinances North Carolina multifamily property with $134 million investment.
New York City Real Estate Sees 27% Jump in Fall Deals
New York City's residential market sees strong start to fall, best since 2021, says StreetEasy.
New York City real estate market experiences significant 27% increase in fall deals.
Developer Extell Faces Lawsuit Over Unpaid Legal Fees in Condo Dispute
Extell Development faces new lawsuit over unpaid bills for Lincoln Square project.
Developer Extell faces lawsuit over unpaid legal fees in NYC condo dispute.
Skokie developer shifts focus from apartments to retail properties
Skokie Real Estate Developer Scales Back Plans, Drops Residential Complex for Retail Development
Skokie developer adjusts business strategy, shifting emphasis from apartment complexes to retail spaces.
Salem Schools Revitalized with $22M in Affordable Housing Funding
MassHousing provides $22M in financing for redevelopment of two former school buildings in Salem.
Salem schools revitalization project receives $22 million affordable housing funding allocation.
Malden Catholic Secures $35M Financing through Brookline Bank-MassDevelopment Partnership
Malden Catholic Selects Brookline Bank and MassDevelopment for $35 Million Tax-Exempt Bond Structure
Malden Catholic receives $35 million financing in Brookline Bank-MassDevelopment partnership agreement.
US Presidential Election's Impact on Real Estate Market Trends
Early voting underway in US presidential election, influencing real estate market nationwide.
US presidential election impact on real estate market trends in major cities nationwide.
East McNeil Medical Office Sold to Lender
Columbia County Real Estate Transactions: $100,000+ Deals Recorded Sept 30-Oct 11, 2024
East McNeil medical office building sold to lender in foreclosure deal.
Dallas-based fintech firm secures $184M for real estate investment platform
Dallas-based startup Backflip raises $184M to finance residential fix-and-flip projects.
Dallas fintech company raises $184 million for real estate investment platform launch.
Crown Heights development still on life support despite earlier setbacks
Bruce Eichner's Brooklyn project clings to life despite planned withdrawal, awaiting City Council approval for revised zoning.
Abandoned construction site in Brooklyn's Crown Heights neighborhood with scaffolding and debris.
Orland Park developers seek public financing for underutilized land parcels
Developers explore public financing for three vacant Orland Park properties through tax-increment financing.
Orland Park developers propose public financing for vacant land redevelopment projects.
Aby Rosen Secures Major Lease in Iconic Seagram Building
Aby Rosen Secures Win for RFR Realty with Blue Owl Capital Lease Extension at Seagram Building.
Aby Rosen signs major lease at iconic New York City's Seagram Building.
Private Real Estate Credit Gains Mainstream Investment Attention
Redefining Traditional Investments: Private Real Estate Credit's Growing Impact
Real estate investors gather around a table with financial documents in background.
Should first-time homebuyers wait for election results to buy a house?
First-time homebuyers may delay purchases until 2025 for down payment assistance and candidate promises.
First-time homebuyer considering purchase amidst uncertain US election outcome.
Easton Secures JCPenney Space at Miami's International Mall
Easton Group buys JCPenney store at Miami International Mall with retailer remaining as tenant.
JCPenney storefront secured by Easton at Miami's International Mall retail space.
Alexander's Counterclaims: Contract Breach and Loan Default Allegations
Side sues Official Partners over alleged breach of contract and unpaid loan.
Alexander disputes contract breach and loan default allegations in court documents.
TPG Angelo Gordon Hands Over Gold Coast Apartments for $130M Settlement
TPG Angelo Gordon Signs Off on Major Suburban Multifamily Foreclosure in Chicago Area.
TPG Angelo Gordon transfers ownership of Gold Coast apartments for $130 million settlement.

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