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Distressed Assets

Celal Ozkan of CEO Contract with a rendering of the approved Sky Gardens Residences project
South Florida
Nov 4, 2025

Turkish developer loses North Miami Beach apartment tower dev site to lender

Bankruptcy court awarded Safe Harbor Equity the property approved for 354-unit project
Namdar buying distressed One North State retail for $8.3M
Chicago
Oct 23, 2025

Namdar buying distressed One North State retail for $8.3M

Deeply discounted deal underscores State Street’s ongoing retail slump
CSC co-founder Alberto Smeke Saba, Parkview CEO Paul Rahimian and the former Hudson Hotel on West 57th Street
New York
Oct 29, 2025

Lender puts Hudson Hotel site in bankruptcy

Parkview Financial plots conversion of 24-story building into 400 rental units

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