Vivian Dimond, partners acquire Ross-anchored building on Lincoln Road from lender
Developer Vivian Dimond and her partners acquired a retail building on Lincoln Road from the property’s lender for about...
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‘Wholesaler’ home flippers prompt new regulations
A new kind of house flipper has infiltrated low-income neighborhoods, prompting local governments and agencies to enact more restrictive...
National
Prodigy Network files for bankruptcy as lawsuits mount
The beleaguered real estate crowdfunding company Prodigy Network filed for bankruptcy on Thursday as lawsuits pile up and its...
National
Electra America, AKA launch $500M hotel fund
A multifamily investment firm and a luxury hotel residences company have partnered to launch a $500 million hotel investment...
National
TRD Tips: How to manage when you’re a landlord late on the loan
What’s the best option for a landlord who’s fallen behind on the mortgage? “The short answer is, you go...
Deepak Khosa closes on distressed hotel on Singer Island, plans to convert to multifamily
Real estate investor Deepak Khosa paid $8.1 million for the Seaspray Inn and Beach Resort on Singer Island, with...
National
These multifamily and office markets are more vulnerable to Covid distress
Since the early days of the coronavirus crisis, distressed real estate investors have been gearing up for the opportunity...
National
For Sam Zell, it’s all about “foreclosures and opportunities”
Sam Zell’s Equity Commonwealth real estate investment trust has $3.4 billion in cash ready to deploy in these times...
National
Pricing gap stalls distressed asset investors, for now
Distressed asset investors might have to wait a bit longer for their “opportunity of the century,” as the coronavirus...
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Coronavirus distress is “opportunity of the century” for real estate investors
As the coronavirus crisis sends property values tumbling, real estate investors sense an even greater buying opportunity than the...
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