Minnesota Multifamily North Bay Cos.’ 82-unit Richfield apartment complex, Riley Apartments, faces foreclosure suit 10/29/2024 | Minneapolis-St. Paul Business Journal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit-Agreement Read More
Minnesota Office New York-based Opal Holding’s Normandale Lake Office Park’s 8500 Tower scheduled for foreclosure sale 10/25/2024 | Minneapolis-St. Paul Business Journal Subcategory: Office: CBD Tags: Auction | Default | Foreclosure | Legal-Lawsuit Read More
Illinois Multifamily Distress hits CRG’s highrise, 149-unit, Upshore Chapter, in Uptown Chicago amid urban multifamily slump 10/23/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
Pennsylvania Multifamily Historic Philadelphia building goes into servicing; Rufo’s 151-unit, Brush Factory Lofts saw its loan hit 90 days’ delinquent in August 10/23/2024 | Multifamily Dive Subcategory: MF: Market Rate Tags: Conversion | Default | Foreclosure Read More
Texas Retail Burlington Takes Over 10 Texas Conn’s Locations 10/21/2024 | Connect CRE Subcategory: Retail: Shopping Tags: Expansion | Foreclosure | Lease | Legal-Lawsuit Read More
Hawaii Retail PRCP Receives Rezoning Approval for Queen Ka’ahumanu Center in Maui 10/21/2024 | Shopping Center Business Subcategory: Retail: Shopping Tags: Conversion | Default | Foreclosure | Proposed | Rezoning Read More
Maryland Office Bank reportedly forecloses on Chasen’s office conversion in Baltimore; The developer planned to turn the historic One Calvert Plaza into 173 apartments 10/15/2024 | Multifamily Dive Subcategory: Office: CBD Tags: Conversion | Default | Foreclosure | Legal-Lawsuit | Proposed Read More
Illinois Multifamily TPG Angelo Gordon surrenders Gold Coast apartments in $130M deed-in-lieu; Lender ACORE’s takeaway marks one of the biggest of the year for Chicago multifamily 10/15/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
New York Office Worldwide Plaza’s $940M Loan Hits Special Servicing After RXR, SL Green JV Misses Debt Payment 10/14/2024 | Bisnow Subcategory: Capital Markets: Debt, Office: CBD Tags: Default | Foreclosure | JV-Partnership | Legal-Lawsuit Read More
National Retail Stalking horse bidder emerges for Conn’s Inc., sets minimum price; A separate auction for Conn’s real estate will be held later 10/7/2024 | Houston Business Journal Subcategory: Retail: Shopping Tags: Auction | Default | Foreclosure | Legal-Lawsuit | Proposed | Sale Read More
National Capital Markets Hedge Fund Deer Park Eyes Distressed Property Debt in 2009 Rerun 10/7/2024 | Bloomberg Subcategory: Capital Markets: Debt, Office: CBD, Office: Suburban, Office: Urban Tags: Business: Insights | Default | Foreclosure | Strategy Read More
Illinois Multifamily Related Midwest faces $175M foreclosure on Lake Shore apartment tower; MassMutual refinanced 47-story property in 2014 and sued after granting forbearance Related and its partner, an arm of the AFL-CIO 10/4/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
National Multifamily Tides’ turnaround strategy: total transparency; The embattled syndicator needs to resell itself to lenders and investors. Can it do so by copping to its mistakes? 10/4/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Business: Insights | Default | Foreclosure | Legal-Lawsuit | Q&A | Strategy Read More
Illinois Multifamily City Club’s Holtzman hit with $69M East Loop multifamily foreclosure; Prime Finance sued to take over 190-unit apartment building 10/3/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
New Jersey Hospitality Capital Insight buys the 198-room Doubletree Jersey City Hotel for $61.5M ($310,606/room), CMBS Loan Gets Assumed 9/20/2024 | CRE Direct Subcategory: Capital Markets: Debt, Hospitality: Hotel Tags: Default | Foreclosure | Sale Read More
Texas Multifamily Tides Equities could lose two more North Texas apartment complexes; Starwood foreclosing on Denton County holdings after $153M default 9/17/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Auction | Default | Foreclosure | Legal-Lawsuit Read More
Texas Hospitality Lender ordered to fork over $51M to buy back loan at Houston hotel 9/13/2024 | Houston Business Journal Subcategory: Capital Markets: Debt, Hospitality: Hotel Tags: Default | Foreclosure | Legal-Lawsuit Read More
Texas Multifamily NEW AUCTION: Tides faces foreclosure on $30M Austin apartments; Bridge Investment Group noticed Tides at Mueller, at 5700 Cameron Road, for an October foreclosure sale 9/13/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Auction | Default | Foreclosure | Operations | Property Management | Proposed Read More
Georgia Multifamily Harbor Group Forecloses on 623-unit, The Lofts at Twenty25, Buckhead apartment building 9/13/2024 | Bisnow Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
Arizona Office NEW AUCTION: The West on Dunlap (office) scheduled for trustee sale on $6.24M ($77.10psf) debt, Richard B. Murphy as Trustee 9/10/2024 | Vizzda Subcategory: Medical: Office, MF: Market Rate, Office: Urban Tags: Auction | Default | Foreclosure | Proposed | Redevelopment Read More
