Houston
Feb 3, 2026
Fannie Mae requests receiver for Galveston apartments co-owned by Lakewood, NJ investor
Loan trouble allegedly began after 2024 fire at property
Multifamily Distress
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Texas
Jan 6, 2026
New year, same distress: Troubled debt tops $826M for January auction
A dip from the $911M at December’s foreclosure auction but still elevated from prior months
National
Aug 8, 2024
Syndicator lender Ready Cap sells problem loans for cents on the dollar
Executives say multifamily has bottomed, but won’t cut loss reserves