Jake Robinson: Foreclosure Fighter and Problem Solver in Real EstateJake Robinson helps distressed homeowners navigate foreclosure, emphasizing tailored solutions to protect equity and create positive outcomes.
The renovation ripple effect in underserved neighborhoodsOver 40% of distressed auction properties are in underserved neighborhoods, highlighting a significant trend in community development efforts.
Don't expect lower rates to save debt-burdened office buildingsLenders are facing challenges in commercial real estate as borrowing costs drop, leading to increasing loan provisions and distressed properties.
Cathay Bank Forecloses on Pacific Palisades MansionChinatown-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.