Starwood wheels and deals to fix $800M loan default
In November, Barry Sternlicht touted Starwood Property Trust’s stash of dry powder and the strength of its hotel business....
In November, Barry Sternlicht touted Starwood Property Trust’s stash of dry powder and the strength of its hotel business....
Despite the supercharged rents and record-low vacancy rates of last year’s multifamily market, some developers couldn’t escape the squeeze...
Distressed real estate investors, short on troubled properties, have turned to a crisis-era favorite to suss out potential deals:...
New York’s much-anticipated distressed deals could finally be starting to appear. The Canadian bank CIBC sold a delinquent $40...
Cerberus Capital Management has raised about $2.8 billion for a new real estate fund — exceeding its target of...
After raising billions of dollars to spend on commercial real estate, distress investors are having a difficult time spending...
As delinquency rates for commercial mortgage-backed securities settle into a new normal after early pandemic chaos, other market metrics...
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...