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.

$1.2B Office Loan Enters Special Servicing Amid Suburban Struggles
Suburban office complexes, often isolated from city centers, resemble 90s-era office spaces, reflecting a $1B investment by Workspace Property Trust.
$1.2B office loan in special servicing due to suburban struggles.
Chicago Home Sales See Significant Increase in November
Chicago home contracts jump 28% from last year, surprising agents after slow months.
Chicago skyline with rising graph representing significant increase in home sales.
Arlington Heights Stadium Revival: Bears Return with $5 Billion Plan
$3.6M tax deal may revive Chicago Bears' $5B stadium plan in Arlington Heights.
Arlington Heights Stadium rendering: Bears' $5 billion plan for revival.
Fontainebleau Miami Beach owner seeks $1.2 billion refinancing deal
Jeffrey Soffer's firm seeks $1.2B to refinance Fontainebleau Miami Beach through bond market, including $975M CMBS sale.
Fontainebleau Miami Beach owner seeks $1.2 billion refinancing deal, luxury hotel.
Boston Real Estate Times Names Four New Principals
National Development Promotes Four Principals: Haley Barrar, Bryan Clancy, Pat McAneny, and Kevin Sullivan.
Boston Real Estate Times announces four new principals in company leadership.
Pompano Beach Rental Complex Secures $114M Refinancing Deal
Grover Corlew secures $114.4M refinancing for 355-unit Pompano Beach apartment complex amidst high interest rates.
Pompano Beach rental complex secures $114M refinancing deal, exterior view
Helge Capital Welcomes Experienced Equity Pro Glen Seidlitz to Team
Helge Capital Appoints Experienced Real Estate Investment Professional to Lead Multifamily Operations in Greater Boston.
Image: Glen Seidlitz shaking hands with Helge Capital team members.
Northbridge Mall's Mag Mile Tenants Regain Control of Properties
High-profile Magnificent Mile retail asset, The Shops at North Bridge, changes hands after lender takes control via deed in lieu of foreclosure.
Northbridge Mall tenants reclaim Mag Mile properties in Chicago.
Strong Jobs Data May Influence Mortgage Rate Trends
Interest Rate Cut Still Possible Amid Signs of Cooling Labor Market: Fed Decision Expected Later This Month.
Graph showing job growth impact on mortgage rates, potential trend changes.
Tidal Entrepreneurs Sean Kia and Ryan Andrade on Brink of Bankruptcy
Tides Equities' Co-Founders Face Lawsuits Over Debt, Not Foreclosure Anymore.
Sean Kia and Ryan Andrade, Tidal entrepreneurs, facing bankruptcy, financial crisis.
San Gabriel Self-Storage Facility Secures $41 Million Loan
1784 Holdings secures $41.3M loan for 5-story, 132,200 sqft self-storage project in San Gabriel.
San Gabriel self-storage facility secures $41M loan, exterior of storage building.
Aging workforce threatens mortgage industry stability
Aging workforce due to lack of investment in training or recruitment poses existential crisis for the industry: where are tomorrow's loan officers?
Image: Group of older workers in mortgage office, discussing financial documents.
Connecticut Real Estate Executive Sentenced for Federal Flipping Scheme Conviction
Officials say defendants manipulated sale prices and concealed identities in real estate flips.
Connecticut real estate executive sentenced for federal flipping scheme conviction.
Top 10 Most Expensive Condo Sales in Brooklyn & Queens So Far This Year
Brooklyn's development market heats up with high-value condo projects in Boerum Hill and Williamsburg leading the way.
Image: Luxury condo buildings in Brooklyn and Queens, real estate market data.
Unmarried Couples Prioritize Financial Security with Shared Homeownership
Couples opt for down payments over rings as housing affordability remains elusive.
Unmarried couple discusses finances while looking at house plans together.
Uncovering Hidden Debt: Challenges in Tracking Rent-Stabilized Bankruptcies
Bankruptcy Sales Surge: Rent-Stabilized Properties Drive Business Growth for Greg Corbin's Firm
Image: Piles of financial documents related to rent-stabilized bankruptcies, tracking challenges.
Southwest Side Alderman Faces $35 Million Loan Crisis
Chicago commercial landlord Ruben Espinoza faces potential financial woes in 2024 over a $35M loan on the Chicago Business Center.
Southwest Side Alderman in crisis over $35 million loan issue.
Moshe Silber's Real Estate License Revoked
Moshe Silber pleads guilty to commercial mortgage fraud, duping Fannie Mae with Cincinnati rental complex scheme.
Moshe Silber's real estate license revoked, office sign with revoked stamp.

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