National
Some retail landlords have collected just 15% of April rents: Report
The fight over commercial rent payments looks like it may be ugly. So far in April, some retail landlords...
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How to value a property in the time of Covid-19
These days, Quinn Rawh drives from property to property wearing a mask and gloves and makes sure to have...
Jungle Island to pay off $15 million loan in exchange for extra land, new lease
To stave off a default on its $15 million loan, the city of Miami is offering the financially troubled...
Home prices skyrocket in South Florida, but trouble looms
At first glance South Florida real estate would appear to be soaring. Real Estate Economy Watch reported that among...
Nearly half of Americans would ditch an underwater mortgage: survey
The stigma of strategic default appears to be evaporating quickly, with 48 percent of American homeowners now saying they’d...
Commercial landlords defaulting on purpose
Some of the largest commercial property owners in the country — including Macerich, Vornado Realty Trust and Simon Property Group — have recently stopped making mortgage payments to put pressure on lenders to restructure...
Why walkaways walk
Memo to the bank: Take this underwater, money-sucking house and shove it! Go ahead and wreck my credit for years to come. I’m walking away no matter what. Why? That’s the provocative question posed...
Strategic defaults losing stigma
Delinquencies on so-called jumbo mortgages are on the rise, and not just in the epicenters of the housing market crash. In states like New York, New Jersey and Florida, wealthy people with good credit...
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