Texas Capital Markets Omninet’s Chase Tower Austin loan heads to special servicing; property’s occupancy rate fell to 45% after departure of major tenants 5/7/2025 | The Real Deal Subcategory: Capital Markets: Debt, Office: Urban Tags: Auction | Default Read More
California Multifamily Three Steps Properties buys troubled 206-unit, Zo Apartment Tower in Oakland for $78M ($379k/unit) 5/2/2025 | Multifamily Dive Subcategory: MF: Market Rate Tags: Default | Sale Read More
Texas Office Brookfield hands 4.6M SF Houston Office Campus To Lender 4/30/2025 | Bisnow Subcategory: Capital Markets: Debt, Office: CBD Tags: Default | Foreclosure Read More
Texas Multifamily Historic property faces foreclosure after DJE’s resi conversion; Travis Building was city’s first PACE recipient 4/24/2025 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Conversion | Default | Foreclosure | Legal-Lawsuit-Agreement Read More
Florida Retail Brookfield defaults on $260M CMBS Loan tied To South Florida Pembroke Lakes Mall 4/9/2025 | Bisnow Subcategory: Capital Markets: Debt, Retail: Shopping Tags: Default | Legal-Lawsuit-Agreement Read More
Illinois Office Blackstone hit by foreclosure on $310M loan for River North Point; Goldman Sachs sued over the debt after Blackstone allegedly defaulted at maturity 2/26/2025 | The Real Deal Subcategory: Office: CBD Tags: Default | Foreclosure | Legal-Lawsuit-Agreement Read More
Texas Hospitality Blueprint’s distressed hotel conversion faces $3M mechanic’s lien; Houston-based developer allegedly owes $17M for defaulted loans 2/7/2025 | The Real Deal Subcategory: Hospitality: Hotel Tags: Conversion | Default | Legal-Lawsuit-Agreement Read More
California Office PCCP defaults on $72M loan tied to office building in Santa Clara; Lender AB Commercial serves notice and could take or sell property, which is 55% empty 1/30/2025 | The Real Deal Subcategory: Office: Urban Tags: Default | Legal-Lawsuit-Agreement Read More
Texas Office Iconic Energy Corridor office building faces foreclosure; Gemini Rosemont defaulted on $30.9 loan from Voya 1/20/2025 | The Real Deal Subcategory: Office: Urban Tags: Default | Foreclosure | Legal-Lawsuit-Agreement | Proposed Read More
North Carolina Retail Colorado real estate group, Real Capital Solutions, to buy Alamance Crossing shopping center for $38.5 million 1/17/2025 | Triad Business Journal Subcategory: Retail: Shopping Tags: Default | Sale Read More
Texas Multifamily Benefit Street Partners takes 376-unit, Tides on Haverwood, from Tides Equities in $61M credit bid 1/10/2025 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit-Agreement Read More
Illinois Office Accesso surrenders Loop office tower via deed in lieu of foreclosure; New York-based lender One William Street Capital seized 20 North Clark Street after providing $67M loan against property in 2021 1/10/2025 | The Real Deal Subcategory: Office: CBD Tags: Default | Foreclosure | Sale Read More
Georgia Office Ardent’s sprawling office campus Piedmont Center faces foreclosure as broader value correction looms 1/8/2025 | Atlanta Business Chronicle Subcategory: Office: Urban Tags: Default | Foreclosure | Legal-Lawsuit-Agreement Read More
National Multifamily S2 Capital Recapitalizes Portfolio of Five Multifamily Properties with 1,768 Units from GVA 1/7/2025 | PR Newswire Subcategory: Capital Markets: Debt, Capital Markets: Equity, MF: Market Rate Tags: Default | Foreclosure | Sale Read More
Arizona Hospitality Adero Scottsdale Resort finds new owner, Miami-based LionGrove, after year in receivership 1/7/2025 | Phoenix Business Journal Subcategory: Hospitality: Hotel, Hospitality: Resort Tags: Default | Sale Read More
National Retail A&G to Auction 695 Party City Store Leases 1/6/2025 | Shopping Center Business Subcategory: Retail: Shopping Tags: Auction | Default | Lease | Sale Read More
Washington Multifamily Virtú Investments buys Elevate Bellingham, an off campus student housing property from Nelson Partners, sold amid lawsuits against previous owner 1/2/2025 | My Bellingham Now Subcategory: MF: Student Tags: Default | Legal-Lawsuit-Agreement | Sale Read More
Illinois Multifamily LG Group’s office-to-resi redevelopment of 330 S Wells, in the Loop, on shaky ground; loan troubles of a pre-pandemic project show conversion pitfalls 12/10/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Affordable, MF: Market Rate, Office: CBD Tags: Conversion | Default Read More
Arizona Retail 53-Year-Old Chain Eegee’s Declares Bankruptcy; chain will undergo a sales process after closing locations, experiencing sales declines, and removing leadership 12/9/2024 | QSR Magazine Subcategory: Retail: Restaurant Tags: Bankruptcy | Default | Legal-Lawsuit-Agreement Read More
Florida Multifamily Penn-Florida could have 366-unit, 101 Via Mizner Apartments, seized by Blackstone after $195M Loan Default 12/5/2024 | GlobeSt Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Auction | Default | Foreclosure Read More