REAL ESTATE NEWS - Financing and Mortgages

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Gerding Edlen cedes Downtown Oakland high-rise
Portland-based developer Edlen & Company has relinquished a 24-story apartment building in Downtown Oakland to its lender due to its inability to pay a $90 million loan on the property. This decision was made after signing a deed-in-lieu-of-foreclosure ag
Downtown Oakland high-rise building exterior with construction equipment and workers nearby
Shvo-Owned Beverly Hills Condos Up for Sale After $200M Loan Default
Investor group led by Michael Shvo defaults on $200 million loan linked to Beverly Hills condos; dozens of properties up for sale on Wednesday.
Beverly Hills condos owned by Shvo up for sale after loan default.
Former Silver Star CEO's personal portfolio gains value
Alan Hartman's Hartman Properties sold Richardson Tech Center, a four-building showroom complex located at 651 Plano Road under the umbrella of his firm.
Former CEO of Silver Star company sees personal investment portfolio increase significantly.
Homebuilder stocks surge amidst impending election and rate cuts
Homebuilder stocks are on a roll this year, thanks to potential interest rate cuts and presidential campaign policy priorities.
Homebuilders' stock prices rise in anticipation of US election and interest rate reductions.
Condo Glut in Florida and Texas: Sales Slump Amid Rising HOA, Insurance Costs
Condo inventory surges while pending sales plummet in major Florida and Texas metros like Miami, Jacksonville, Austin, and San Antonio, leading to a decline in prices. Soaring HOA fees, high insurance costs, and destructive natural disasters are contribut
Florida and Texas condo sales slump amidst rising HOA and insurance costs.
Martin Tijmes: The Rowdy Realtor - Transforming Luxury Real Estate in Houston
Houston's Martin Tijmes, aka Rowdy Realtor, has raised the real estate bar high in Houston, TX.
Martin Tijmes, rowdy realtor, transforms luxury real estate market in Houston.
CA Ventures divests North Side properties amidst legal battles and restructuring
Chicago Multifamily Purchase: Drew Breneman's Lincoln Square Deal Drew Breneman has recently made a significant move in the Chicago real estate market with his latest multifamily purchase in Lincoln Square. Despite the developer, CA Ventures, facing a ser
CA Ventures sells Chicago North Side properties amid lawsuits and corporate overhaul.
Frankforter Group in Foreclosure Dilemma: Downtown Atlanta Apartments Under Threat
Frankforter Group may lose ownership of luxury apartment complex in downtown Atlanta due to missed debt payments. Generations Atlanta, a 336-unit apartment complex at 369 Centennial Olympic Park Drive, is at risk of foreclosure.
Downtown Atlanta apartments threatened with foreclosure by Frankforter Group financial struggles.
LaSalle Street office tower lender takes over Hearn, Fortress
Chicago-based Hearn and Fortress Investment Group, two prominent real estate firms, were unsuccessful in their attempt to prevent a LaSalle Street office building from being foreclosed upon.
LaSalle Street office tower lender acquires Hearn and Fortress companies in Chicago.
Nic's Home Sale Success: Aussies Follow Suit
Here's a possible rewrite: "Maximize profits when selling your property in Australia without a real estate agent. Learn about the pros and cons before you take the private selling route."
Australian homeowner Nic celebrates successful home sale amidst national market trend.
Fall Real Estate Market: Expectation of Increased Buyer Activity
According to NAR's recent confidence survey, buyers seem to have gained some leverage this summer, but overall sales have decreased.
Real estate agents prepare for increased buyer activity in fall market nationwide.
Monmouth Mall's Transformation: A $415 Million Investment
Kushner Companies is revitalizing New Jersey's Monmouth Mall after demolishing 'zombie stores'. With $415 million in financing from Fortress Investment Group and Rithm Capital, the project is set to breathe new life into the area.
Monmouth Mall renovation underway in New Jersey with $415 million investment.
Unveiling the Top 10 Hottest Real Estate Markets in the US: Central Mass. City Makes a Surprising Appearance
Don't miss out on your dream home! Act fast to secure your perfect house before someone else does.
Real estate market map highlights Worcester, Massachusetts as top US performer.
Condo Market in Florida: A Ticking Time Bomb?
Florida's housing market is in a precarious situation due to a perfect storm of factors that could lead to a mass exodus of condo owners.
Florida condo market with rising prices and potential financial instability.
U.S. Real Estate Market Soars to $50 Trillion in Value
SEATTLE— According to a new report from Redfin, a technology-powered real estate company, the total value of U.S homes has increased significantly over the past year, reaching a record high of $49.6 trillion.
U.S. real estate market reaches record-breaking value of $50 trillion nationwide.
Real Estate Transaction: Historic Inn Sells for $800,000
Columbia County real estate transactions recorded August 11 – 27, 2024 having a value of $100,000 or greater. Information is drawn from public records held by the Columbia County Circuit Court.
Classic historic inn sells in [location] for $800,000 real estate transaction.
Real estate crisis in Southern states: Worst-case scenarios exposed
Steven Kupchan, a renowned real estate expert and realtor, has shared his insights on the worst-case scenario for the ongoing real estate crisis in Florida.
Southern US real estate market struggles with worst-case foreclosure scenarios unfolding.
Title: "Affordability vs. Elections: How U.S. Consumers' Home Buying Decisions are Affected"
Pending home sales in the U.S. declined in all regions in July 2024, with a 5.5% drop reported by the National Association of Realtors. The Northeast bucked this trend, posting an increase compared to last year's figures.
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Real estate taxes in Luzerne County: A comparison between this year and last year
Luzerne County property owners are lagging behind in real estate tax payments, as evidenced by the upcoming delinquent tax auction.
Luzerne County real estate tax rates compared side by side graphically.

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