Ari Pearl, Jonathan Leifer acquire Bay Harbor Islands hotel out of foreclosure
Developer Ari Pearl and investor Jonathan Leifer paid $30 million for the Tryp Hotel in Bay Harbor Islands, with...
The Latest
National
Foreclosure filings are way down. There’s a reason
One of these is not like the others: Homeowners are still struggling to meet their monthly mortgage bills, the...
National
Mortgage originations at 2nd highest level in 20 years: Fed
Mortgage balances rose in the third quarter as foreclosure filings fell, according to the Federal Reserve Bank of New...
HSBC to take over Boca Raton office building following foreclosure auction
The trustee for a commercial mortgage backed security trust filed a court order to terminate receivership for a Boca...
Embattled Sixty Sixty condo-hotel’s units in Miami Beach sell for $15M
UPDATED, Nov. 17, 11:15 a.m.: Integra intends to buy all 82 units of a Miami Beach condo-hotel that was once...
National Insights
Foreclosure filings picked up in October up despite moratoriums
Despite federal and state moratoriums, foreclosure activity in the United States ballooned last month. Nearly 12,000 properties had some...
New York Issue
Foreclosure filings ramp up, especially in minority neighborhoods
Claire Smith hesitates to call herself a landlord. At least, she said, not a “corporate landlord.” Growing up in...
Mezz lender forecloses on Ocean Drive hotel in South Beach
The pandemic brought especially bad timing for the owner of a South Beach hotel, which purchased it last year,...
Madison Realty closes on Costa Hollywood Beach condos for $43M
Madison Realty Capital closed on the remaining unsold condos in Costa Hollywood Beach Resort for $43 million. The New...
Midtown Miami development site in foreclosure hits the market
The developer of the planned Triptych project that straddles the border between Midtown Miami and the Design District is...
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