East Bay real estatefromThe Mercury News6 days agoOakland office building is foreclosed in fresh sign of market maladiesOakland Masonic Center office building was repossessed by MidCap Financial via a deed in lieu after loan default, reflecting Bay Area office market weakness.
Silicon Valley real estatefromtherealdeal.com6 months agoOne in three distressed borrowers handing back buildings, experts sayBorrowers increasingly prefer deed-in-lieu arrangements to avoid foreclosure, complicating lender liabilities and clean up.