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Keith Larsen






A new report by CoreLogic showed mortgage payments that are over 120 days delinquent rose to 1.4 percent in July, its highest level since 1999 (iStock)

Mortgage delinquencies jumped to highest rate in 20 years

The coronavirus has managed to send the U.S. housing market surging in opposite directions simultaneously. On one end, demand...

Mortgage delinquencies jumped to highest rate in 20 years
Southland Mall, 20505 South Dixie Highway in Cutler Bay with JLL's Tom Hall and Danny Finkle (Google Maps, JLL)

Southland Mall’s troubled $65M CMBS loan for sale

A $65 million CMBS loan on Southland Mall in Cutler Bay is being shopped, after its former owner defaulted...

Southland Mall’s troubled $65M CMBS loan for sale
Crosby Capital's Yonel Devico and Lakeport Capital's Jean-Marc Orlando (LinkedIn)

JV looks to buy up to $175M in distressed resi loans, with focus on NY, Miami

As an increasing number of borrowers skip their mortgage payments, opportunistic investors have been on the lookout for distressed...

JV looks to buy up to $175M in distressed resi loans, with focus on NY, Miami
(iStock)

Vegas, New Orleans lead US in missed September rent payments

The loss of tourism due to Covid-19 travel restrictions is hurting cities across the U.S. — and now, the...

Vegas, New Orleans lead US in missed September rent payments
AmeriHome CEO Jim Furash

One of the largest nonbank mortgage lenders files for IPO

AmeriHome is the latest mortgage lender hoping to cash in on the recent boom in originations and refinancings. California-based...

One of the largest nonbank mortgage lenders files for IPO
Donald Trump with Trump Tower in New York, Trump International Hotel Las Vegas and Trump International Hotel & Tower in Chicago (Getty; Pixabay)

Here’s why Trump loves depreciation

A day after the New York Times reported Donald Trump paid just $750 in federal income tax in 2016 and $750 again the following year, the president took to his favorite medium to deny...

Here’s why Trump loves depreciation
Charles Rettig, Commissioner of the IRS (Getty)

Opportunity Zone rule change seeks to entice foreign investors

Potential changes to the rules for Opportunity Zones could soon allow some foreign investors to reap major tax benefits...

Opportunity Zone rule change seeks to entice foreign investors
Jared Chupaila, CEO of Brookfield Properties’ retail group, with Florence Mall and Fashion Square (Brookfield, TripAdvisor, iStock)

Brookfield and Namdar plan to hand over keys to struggling malls

Some mall owners have given up trying to revive their struggling malls and pay off their debt payments and...

Brookfield and Namdar plan to hand over keys to struggling malls
Sales of existing homes in the U.S. hit a 14-year high last month, according to a new report. (iStock)

US home sales hit 14-year high

The pandemic may have slowed real estate deals at the start of the year, but six months in, home sales have surged. Sales for existing homes reached a 14-year high in August, according to...

US home sales hit 14-year high
President Donald Trump with developer Steve Witkoff, John Catsimatidis and Blackstone’s Stephen Schwarzman (Getty; iStock)

“That was a business decision”: Why real estate execs are backing Trump — or backing away

Sotheby’s International Realty broker Nikki Field was leading sales at Kushner Companies’ Puck Penthouses in Manhattan when, in 2016, the Kushners raised the idea...

“That was a business decision”: Why real estate execs are backing Trump — or backing away

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