UPDATED, Nov. 12, 2020, 2:28 p.m.: HFZ Capital Group is making a last-ditch attempt to stop its lender from auctioning off loans tied to four of the firm’s Manhattan condo projects. The prolific developer...
HFZ Capital Group continues to have trouble meeting its debt obligations. The lender at HFZ’s planned project on Manhattan’s...
As an increasing number of borrowers skip their mortgage payments, opportunistic investors have been on the lookout for distressed...
UPDATED, Sept. 23, 3:30 p.m.: A Upper East Side condo conversion just sold at auction, a possible sign of...
UPDATED, Sept. 18, 4:33 p.m.: A Downtown Brooklyn hotel that provided housing for the homeless is facing foreclosure. The...
The delinquency rate on bank’s commercial real estate loans is at its highest point since 2015. The overall delinquency...
Bombarded by inquiries from clients about mortgage workouts during the pandemic, Meridian Capital Group called Wendy Silverstein. The brokerage...
Real estate investment platform PeerStreet is getting in on the distressed-debt investment game. Through its new Peer Street Credit...
Distressed asset investors might have to wait a bit longer for their “opportunity of the century,” as the coronavirus...
Florida-based firm Kayne Anderson just raised $1.3 billion for a distressed debt fund in just two weeks. It normally...
