An unfinished portion of a Stanford Carr Development condominium project at Mauna Lani Resort is scheduled to be sold at a public foreclosure auction next week, following a Hawaii judge's ruling in favor of an investor who sued after the developer defaulted on loans of more than $ 9 million. The foreclosure order granted by 3rd Circuit Judge Robert Kim on April 6 stemmed from a lawsuit filed by Prospect Co.
The CEO still has 1,000,000 shares that are not fully vested, therefore his interests are aligned with shareholders. Manhattan Bridge Capital has experienced a significant drop in price, giving the prospective investor a chance to establish a position with a high margin of security. Foreclosure News
A report says that ten years after the financial crisis a two-tiered housing market still exists in Cleveland, one of the hardest hit cities. The report from the Western Reserve Land Conservancy says even as regional house prices return to their pre-collapse highs before 2008, longtime homeowners and residents in poor, largely minority communities are…
The history of the tiny house is, arguably, long. You could trace the tradition of small living back to the first days humans spent in caves, but the modern-day tiny house movement-the act of rejecting more spacious dwellings in favor of pared-down, efficient homes-is easier to track. Foreclosure News
Last week, with considerable fanfare , the Mortgage Bankers Association released its plan for reforming the housing finance system, including a resolution of the nine-year old federal conservatorship of the government sponsored enterprises Fannie Mae and Freddie Mac. This week ICBA, which represents independent community banks, more quietly released its blueprint for reform. Foreclosure News
If the hate-everyone-in-the-White House claque tries to torpedo Brookfield's proposed rescue of Kushner Cos.' 666 Fifth Avenue, it would be a disaster – as much for the city as for Kushner. Foreclosure News
Hey, I am all in favor of the tiny house movementif I have room for my bottle cap collection, antique banks, gumball machines, Spirograph and Battling Tops games, Santa in the manger nativity scene for the roof in December, several old copper fire extinguishers, and my father's navy memorabilia from WWII and Korea. And Myrtle's…
