#loan-default

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#wage-garnishment #student-loans #foreclosure #real-estate #san-jose #debt-collection #bay-area #hotel-industry
NYC real estate
fromHoodline
3 hours ago

Seven Brooklyn Buildings Tied To Zalmen Wagschal Go Into Special Servicing

A seven-building Brooklyn multifamily portfolio with a $22.5 million securitized mortgage entered special servicing due to borrower payment defaults and missed obligations.
NYC real estate
fromtherealdeal.com
1 week ago

Debts, bills and lawsuits pile up for Irving Langer

Major New York apartment landlord Irving Langer faces over $30 million in lawsuits from partners, lenders, and creditors due to property financial struggles, tenant complaints, and partnership disputes.
East Bay real estate
fromwww.mercurynews.com
3 weeks ago

Blackhawk Plaza faces new foreclosure, this time from its main lender

Blackhawk Plaza faces potential foreclosure after defaults on $31 million in Preferred Bank loans plus a separate $5 million Nano Banc loan, jeopardizing tenants and operations.
East Bay real estate
fromSFGATE
1 month ago

Uptown Oakland hotel apparently closing, stops taking reservations

The 172-room Moxy Hotel in Oakland's Uptown has ceased guest services and likely closed after defaulting on a $35 million loan.
East Bay (California)
fromThe Oaklandside
1 month ago

Moxy Uptown Oakland stops taking hotel reservations and is expected to close

Moxy Uptown Oakland appears poised to close after ceasing guest bookings and bar operations amid a $35 million loan default and recent management changes.
#student-loans
fromFortune
2 months ago
Higher education

Student loan borrowers: The Education Department is garnishing wages for millions in default. Here is who is affected and how much they can take | Fortune

fromFortune
2 months ago
US politics

Trump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans | Fortune

fromFortune
2 months ago
Higher education

Student loan borrowers: The Education Department is garnishing wages for millions in default. Here is who is affected and how much they can take | Fortune

fromFortune
2 months ago
US politics

Trump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans | Fortune

more#student-loans
East Bay real estate
fromwww.mercurynews.com
3 months ago

Housing project site in Hayward suffers loan default after never breaking ground

Proposed 314-unit Hayward development at 22330 Main St. has a loan in default, jeopardizing construction despite 2022 approvals and planned affordable units.
East Bay real estate
fromwww.mercurynews.com
4 months ago

East Bay hotel is foreclosed in sign of region's ailing lodging market

State Bank of Texas seized Hyatt Place Newark after a borrower default, signaling falling hotel values and rising foreclosures across the Bay Area hospitality market.
#foreclosure
more#foreclosure
Real estate
fromsfist.com
5 months ago

SF's Once-Biggest Landlord Veritas Defaulting on Another $652 Million in Loans, 66 Buildings May Be Up for Grabs

Veritas Investments is in default on $652 million, risking foreclosure sale of 66 San Francisco apartment buildings totaling about 1,566 units by mid-December.
fromwww.mercurynews.com
5 months ago

Landmark Oakland office tower is mired in $111 million loan default

Three downtown Oakland properties, including the historic Tribune Tower that for a century has become one of the East Bay city's best-known landmarks, are mired in a $111 million loan default. Highbridge Equity Partners, a real estate investor that's active in downtown Oakland, added the three properties to its portfolio in recent years but now faces a foreclosure if it can't repay the loan from an affiliate of Rialto Capital, a finance firm.
East Bay real estate
#hotel-sale
more#hotel-sale
Real estate
fromwww.mercurynews.com
5 months ago

San Jose housing tower project site once home to popular pet shop faces foreclosure

A downtown San Jose development site at 51 and 65 Notre Dame Ave. is in default on a $10 million loan and faces foreclosure.
#san-jose
more#san-jose
US news
fromFortune
8 months ago

Summer schooling: 2 million student loan holders could have their wages garnished by the government this summer

Nearly 2 million Americans may face wage garnishment this summer due to loan defaults, increasing economic pressure amid policy shifts.
#bay-area
more#bay-area
fromThe Mercury News
8 months ago

San Jose hotel complex with hundreds of rooms flops into loan default

A big hotel complex in San Jose has staggered into a loan default, a reminder that the Bay Area lodging sector's post-coronavirus maladies are still ongoing.
Silicon Valley real estate
#real-estate
fromThe Mercury News
9 months ago
Silicon Valley real estate

Downtown San Jose mixed-use commercial building flops into default

Commercial property in the Bay Area is experiencing significant downturns, as evident by a recent loan default.
fromwww.mercurynews.com
9 months ago
Silicon Valley real estate

Downtown San Jose mixed-use commercial building flops into default

A commercial building in San Jose defaults on a loan, highlighting the Bay Area's real estate decline.
more#real-estate
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