The sale of the Northstar Center in Minneapolis in December has kept the property out of foreclosure, and now the landlord is looking for a buyer. The $ 62.78 million deal amounts to a partnership that two investors have made with the building landlord, PCCP of Santa Monica, California.
The performance of loans included in commercial mortgage-backed securities improved for the fifth consecutive quarter, with delinquencies down 179 basis points over the time frame, according to the Mortgage Bankers Association. CMBS loans that are at least 30 days late or real estate owned fell 47 basis points to 3.05% in the third quarter. Foreclosure…
ABA Journal Daily News
ABA Journal Daily News
Despite the threat of a lawsuit by private attorney Juda Epstein for slander and libel, a City Council committee Friday ordered subpoenas issued to Epstein and other officials who collect unpaid sewer use bills. This was the second time this week that the Ordinance Committee voted unanimously to exercise its power to issue the subpoenas…
Sales of foreclosed homes in Monroe County fell dramatically for the first few months of the year, figures from the local Realtors association revealed. A comparable market analysis of foreclosures sold by the Pocono Mountains Realtors Association showed sales down 19 percent, from 372 over the first three and a half months of 2016 to…
This closure notice was posted on the entrance door to the clubhouse at Haystack Mountain Monday. Foreclosure News
