Two Upper East Side apartment buildings head to foreclosure sale
A pair of Upper East Side apartment buildings are headed to foreclosure. New York-based Aulder Capital is planning a...
Distress
The Latest
Hardball lender Maverick seeks foreclosure sale on historic East Village theater
The historic building that has long housed Theatre 80 St. Marks in Manhattan’s East Village survived the threat of...
Los Angeles
Serenity now? Distressed debt firm buys loan on troubled luxury condo complex
A distressed-debt firm bought a $25 million piece of a construction loan on a Beverly Hills luxury condo complex...
Churchill Real Estate snags funding to expand residential loan biz
Churchill Real Estate is known in New York City for betting on distress. Over the past few years, the...
Phil Falcone files appeal halting foreclosure of UES, Hamptons homes
An auction of interests in two of Philip Falcone’s New York homes was canceled after the financier filed an...
Foreclosure on Phil Falcone’s homes can move forward
Philip Falcone is at the end of the road in a battle to sell two of his pricey homes...
National
What distress? Dry powder piles up with few discounts in sight
After raising billions of dollars to spend on commercial real estate, distress investors are having a difficult time spending...
Holiday Inn next to LaGuardia Airport faces foreclosure
A Holiday Inn near LaGuardia Airport is facing foreclosure, a signal of looming distress for New York’s battered hospitality...
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...
Midtown office buildings stave off foreclosure with refi from Ladder Capital
The vultures will have to keep circling Manhattan’s office buildings. Ladder Capital saved a pair of Midtown office buildings...