Tri-State
NY foreclosure ban does not apply to shell companies, judge rules
As the pandemic drags on, New York’s foreclosure moratorium is starting to crack. On Nov. 12, an Orange County...
lending
The Latest
National
Blackstone secures $1.1B refi on Sun Belt multifamily portfolio
Blackstone’s real estate investing arm is following up its record third quarter with a massive refinancing package. Blackstone Real...
Appellate court kills Maverick Real Estate’s Chelsea foreclosure bid
After three years of lawsuits, Maverick Real Estate Partners appears to have failed in its quest to foreclose on...
National Issue
Capital pains: How lenders are getting creative to get paid
After six years and more than $70 million, Nightingale and Friedland just gave up: They handed over the keys. ...
National
Refinancing has saved homeowners billions, but window is closing
UPDATED Nov. 3, 2021, 3:49 p.m.: Low refinancing rates have helped homebuyers save loads of money throughout the pandemic,...
Cushman acquires 40% stake in Greystone lending business for $500M
Cushman & Wakefield is expanding its offerings in a hot rental market, adding lending and loan services to its...
Signature Bank reports record results
Commercial lenders have not had it easy since the start of the pandemic, but Signature Bank is emerging from its Covid slump in a major way. An earnings call on Tuesday detailed a strong...
Mack Real Estate may “strip” club owner of properties
Robert Gans’ lender wanted the strip club owner to put more skin in the game. But after Gans allegedly...
National
Nonbank CRE lenders expect bumper year
Pressure on nonbank lenders reached a fever pitch during the pandemic as large real-estate securities portfolios made the companies look vulnerable amid the industry’s virtual pause. Now, nonbank lenders are on pace for one...
National
Rental insurance startup looks to solve late-rent problem
Late rent payments are a problem not only for renters, who bear the cost of exorbitant late fees, but...