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Ground leases are generally long-term leases of property entered into between a property owner and tenant where the tenant leases land and subsequently constructs a building or other improvements on that land. Since ground tenants do not own fee title to ground leased property, financing to acquire a ground lease or construct improvements on ground…
Earlier this summer my wife and I packed up our house in Minneapolis and moved to Charlottesville. We had been living in Minnesota for the past decade, in a wonderful neighborhood about a mile from the Mississippi River and three miles from downtown Minneapolis. Foreclosure News
In 2017 Los Angeles like many other cities in the United States has a huge lack of affordable housing similar to the terrible housing shortage the city had in World War II. Gentrification in Los Angeles has meant evictions of thousands and house destruction in a huge swath of Central Los Angeles from Venice beach…
Elvis Guzman pose for a photo in his home in San Juan, Puerto Rico, Tuesday, June 20, 2017. When the 59-year-old who sells recycled metal for a living, received another letter from the back he figured it was a warning to his family that they were behind on their mortgage payments. Foreclosure News
JDS Development and its partners said they secured $ 62.5 million in construction financing for their Monad Terrace condominium project in South Beach to resolve a foreclosure lawsuit. Foreclosure News
