Millennials get a bad rep. While the internet is busy circulating speculative articles about how the millennial generation is killing off napkins and fabric softener , members of that generation are just trying to scrounge enough money to keep up with increasing housing costs.
A real estate attorney who asked to remain anonymous said it's clear the project is in trouble, but predicted it would still be completed. A skinny skyscraper under construction on Billionaire's Row in Midtown is at risk of foreclosure because of “egregious oversights,” including the failure to budget for construction cranes, a new lawsuit charges….
Are subsequent title holders who obtain an interest in real property during the pendency of a foreclosure lawsuit where a lis pendens has been properly recorded , entitled to join in the lawsuit to protect that interest? In Bonafide Properties v. Wells Fargo Bank, N.A. , 198 So.3d 694 the Second District Court of Appeal…
Small businesses across the country have only recently recovered from the economic crash of 2008. And this is especially true for real estate. Foreclosure News
A Pennsylvania mall that was foreclosed on after its owners failed to repay $ 143 million is now seeking to cut its property tax value from $ 138.3 million to $ 10.1 million. The Pittsburgh Post-Gazette reports the owner of the Galleria at Pittsburgh Mills, Morgan Stanley Capital, last week appealed the county's refusal to…
The Plaza at PPL Center in Allentown, Pa., home to Talen Energy, could soon be headed for the commercial mortgage bond equivalent of foreclosure, a move that would open the door to new owners who could offer lower, more competitive rents. The current owner, a group called The Plaza at 835 W. Hamilton St., which…
SL Green Realty Corp. obtained $ 150 million in first mortgage financing for 2 Herald Square, received from MUFG Union Bank, according to Real Capital Analytics. The real estate firm also sold a 49% stake in the property to an unnamed Israeli institutional investor. Foreclosure News
