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fromwww.mercurynews.com
10 hours ago

San Jose housing tower faces auction and foreclosure over failed loan

SAN JOSE A lender is heading into the final stages of its efforts to seize ownership of The Fay through a foreclosure of a delinquent construction loan totaling $182.5 million. Documents filed with the Santa Clara County Recorder's Office show the lender could take back the 363-unit high-rise at 10 East Reed St. in the SoFA district before the end of the year.
Real estate
fromBrooklyn Eagle
3 months ago

BFC Partners secures $250M loan for Coney Island housing

BFC Partners has secured a $250 million construction loan to advance its three-building, 1,242-unit Surf Ave. affordable multi-use complex in Coney Island.
Renovation
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