REAL ESTATE NEWS - Financing and Mortgages

Get detailed information on mortgage options, interest rates, and financing tips to secure the best deal for your home or real estate investment.

LG's Seoul Office Redevelopment Project Faces Uncertainty
Office-to-housing conversions may not always meet expectations, as seen in a pre-pandemic redevelopment at 330 South Wells.
LG's Seoul office redevelopment project in limbo, uncertain future ahead.
Boruch Drillman Faces New Allegations
Boruch Drillman's woes worsen: awaiting sentencing for $165m mortgage scam, faces $2.1m debt ruling.
Boruch Drillman accused of misconduct, facing new allegations in court.
Trump's Potential Impact on CRE in a Post-Presidency Era
President-elect's business-friendly stance sparks uncertainty over specific policy changes.
Donald Trump speaking at a podium, potential impact on commercial real estate.
Top Commercial Property Expenses for the Upcoming Year
Labor, capital, taxes, and land costs pale in comparison to one major expense for CRE owners.
Modern office building with financial charts, representing top commercial property expenses.
CFOs adapt as real estate and infrastructure investments reshape financial priorities
CFOs must balance company priorities with financial resources when choosing new locations or expanding facilities.
CFO analyzing real estate and infrastructure investments for financial priorities.
Houston businessman faces allegations of unauthorized occupancy at downtown office complex.
Ali Choudhri's TwentyFour25 West Loop South foreclosure sale defies traditional norms.
Houston businessman accused of unauthorized occupancy at downtown office complex.
San Francisco's home construction hits historic 12-year low point
San Francisco's home construction drops to lowest level since Great Recession.
San Francisco construction at 12-year low, image of empty construction site.
Homebuying platform EasyKnock ceases operations
EasyKnock, a proptech firm, has closed down after an abrupt announcement, leaving its website with minimal information.
Image: EasyKnock logo on a digital screen with
Homebuyer Confidence Hits Near-Three-Year High
Fannie Mae's Purchase Sentiment Index surges over 10 points, with record-high optimism on falling mortgage rates.
Homebuyer smiling in front of new house, confidence at three-year high.
JDI Realty invests $25 million in booming senior living sector
Jeff Aeder's JDI Realty expands suburban portfolio with $24.5M Lake Zurich assisted living acquisition.
JDI Realty invests $25 million in senior living sector growth.
Jeffrey Soffer Secures $550 Million Refinancing for Miami's JW Marriott Turnberry Resort
Billionaire Jeffrey Soffer secures $550M loan for Aventura resort from Goldman Sachs and J.P. Morgan.
Jeffrey Soffer secures $550M refinancing for Miami's JW Marriott Turnberry Resort.
SL Green Refinances 100 Park, Acquires Partner's Stake
SL Green Announces Refinancing and Ownership Moves at 100 Park Avenue Office Tower
SL Green refinances 100 Park building, acquires partner's stake in deal.
Global Listings Aspires to Revolutionize Real Estate E-commerce as a Premier Online Marketplace
Miami-based proptech company GLOBAL LISTINGS prepares for US housing market rebound with new tech suite development.
Global Listings transforming real estate e-commerce with premier online marketplace.
Suburban Office Campus Hit by Second Distressing Incident Involving Bruce Stern
West suburban commercial complex hit by two waves of distress, totaling $32 million in loan losses.
Suburban office campus with Bruce Stern faces second distressing incident.
Real Estate Expert Warns Against Relying on Rate Drops, Offers Mortgage-Saving Strategies
One option is a temporary rate buydown, reducing borrowing costs in early loan years.
Real estate expert advises on mortgage-saving strategies amid rate drops.
EasyKnock Proptech Closes Amid Sale-Leaseback Backlash
Company faces lawsuits from Texas and Michigan customers, plus scrutiny from multiple state attorneys general.
EasyKnock Proptech closes due to sale-leaseback backlash, office building in background.
United Center Redevelopment Plan Could Get Boost from Revised Tax District
Chicago's West Side may get major boost from proposed United Center redevelopment with extended tax incentives.
United Center redevelopment plan may benefit from revised tax district in Chicago.
Real Estate Agents' Disclosure of Compensation Practices
Most homebuyers ask their listing agent directly about commission rates, not online sources: survey.
Real estate agents discussing compensation practices in office meeting.
Victor Sigoura submits plans for Chelsea development project
Legion Investment Group seeks to build 200,000-sq-ft condo in West Chelsea after previous developer's failure.
Victor Sigoura submits plans for Chelsea development project, construction proposal.
Austin-Based Realty Firm Rebranding as ERA Experts Following Merger
Austin Real Estate Experts merges with ERA Real Estate, rebranding as ERA Experts.
Austin realty firm rebrands to ERA Experts after merger.

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