#property-valuation-decline

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LA real estate
fromtherealdeal.com
3 days ago

EY Plaza edging closer to a deal

EY Plaza has a potential buyer offering over $100 million with a proposed 90-day transaction timeline, though the deal remains uncertain and could collapse like previous attempts.
Real estate
fromwww.mercurynews.com
2 weeks ago

San Jose apartments with failed loan have suffered plunge in value

A San Jose 50-unit apartment complex, The Neo on First, defaulted on a $21 million loan and faces likely foreclosure after significant valuation decline.
Real estate
fromInquirer.com
5 months ago

Many of Philadelphia's office buildings are plummeting in value - and it's costing the city millions

Center City Philadelphia office buildings are selling for far below previous prices and assessed values, prompting purchases by residential developers and out-of-market investors.
fromwww.mercurynews.com
5 months ago

Sale of apartment hub with hundreds of units near East Bay BART stop points to weakening market

WALNUT CREEK An apartment complex with hundreds of units near the Walnut Creek BART station has been bought for less than its assessed value in a sign that values for multifamily residential properties are drifting lower. Waymark, a residential hub that was built in 2020, has been bought for $190 million, according to documents filed on Aug. 29 with the Contra Costa County Recorder's Office. Waymark, a 358-unit apartment complex at 101 Pringle Avenue near the BART station in downtown Walnut Creek.
East Bay real estate
LA real estate
fromtherealdeal.com
5 months ago

Debt for sale: Lenders want out of Brookfield-owned DTLA office

Distressed downtown Los Angeles office and hotel properties face default, receivership, foreclosure auctions, and debt sales amid high vacancies and falling valuations.
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