New York
Oct 14, 2025
News Corp building sees 42% valuation drop
Once worth $2B, 1211 Sixth Ave’s value fell to $1.19B
Debt restructuring
San Francisco
Oct 3, 2025
Veritas touts new backer, hopes to stave off 1.5K-unit foreclosure
Investment firm defaulted on $570M RBC Capital loan tied to 66-building portfolio
New York
Aug 19, 2025
Yitzchak Tessler loses the rest of 172 Madison
After failing to source funding, troubled developer hands over last 12 units to lender