#distressed-properties

[ follow ]
www.housingwire.com
1 month ago
NYC real estate

The renovation ripple effect in underserved neighborhoods

Over 40% of distressed auction properties are in underserved neighborhoods, highlighting a significant trend in community development efforts. [ more ]
Fortune
1 month ago
Business

Don't expect lower rates to save debt-burdened office buildings

Lenders are facing challenges in commercial real estate as borrowing costs drop, leading to increasing loan provisions and distressed properties. [ more ]
therealdeal.com
7 months ago
LA real estate

Cathay Bank Forecloses on Pacific Palisades Mansion

Chinatown-based lender Cathay Bank has foreclosed on a Pacific Palisades mansion after the owner fell behind on $13.1 million in debt.
The property was sold at a public auction for $5 million, with $14.4 million of unpaid debt. [ more ]
[ Load more ]