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Home > Number of Properties Taken Through Foreclosure Up Compared to Last Year
Apartment tenants spent more of their incomes to rent their units this year, with those who choose to rent, but could afford to buy their homes if they wanted to, getting hit hardest The overall rent-to-income ratio increased in March by 20 basis...
Commercial Real Estate Direct Staff Report Highwoods Properties Inc had signed 97 office leases for 922,000 square feet during the first quarter, a significant increase from the 520,000 sf of deals inked during the same period a year ago and 698,000...
Washington Business Journal An affiliate of lender Peachtree Group has taken the 247-room Holiday Inn Express hotel in Washington, DC, through foreclosure The Atlanta lender had provided $83 million of financing against the property, developed in...
The size of the US commercial mortgage universe last year grew by $2328 billion to $589 trillion, according to Trepp Inc Banks and thrifts continue to carry the largest volume of mortgages, with 499 percent, or $294 trillion, of loans That was up...
Commercial Real Estate Direct Staff Report Apartment property sales in New York City totaled $144 billion in the first quarter, up 23 percent from the same time last year, according to Ariel Property Advisors But property sales are on pace to total...
Most apartment properties in Miami, Phoenix and Las Vegas that were financed with short-term loans in 2021 and 2022 are generating cash flows that are below underwritten levels In fact, 76 of the 86 loans against properties in those cities are...
The San Francisco office market had 800,000 square feet of office space added to its sublease market last quarter, bringing the total amount of available space to 78 million sf, according to Cushman & Wakefield When the amount of sublease space is...
Jacksonville Business Journal Argentic Investment Management has taken control of the Wells Fargo Center, a 653,919-square-foot office building in downtown Jacksonville, Fla The New York company also took a nine-level parking garage at 1 West Bay St...
Dallas Business Journal The Addison, a 214,000-square-foot office building in the Dallas suburb of Addison, Texas, is scheduled to be sold at a foreclosure auction on May 7 TerraCap Management of Naples, Fla, had bought the 11-story property, at...
Dallas Business Journal Pinnacle Bank has filed a foreclosure suit against Opal Holdings, claiming the New York company defaulted on its $40 million loan against the Centerpoint office complex in the Dallas suburb of Arlington, Texas Opal had bought...
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© 2023 Commercial Real Estate Direct All rights reserved..
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