A report from Senior Housing News. "Pam Kessler joined LTC Properties and has not looked back, becoming CFO in 2007. The last few years have once again brought industry dislocation in the form of oversupply and new payment models, she…
A report from the Dallas Morning News in Texas. "A lender that provided more than $388 million to finance one of Plano’s biggest real estate developments has filed to foreclose on the project. Beal Bank put up the debt for…
A report from Multi-Housing News. "'It’s a great time to be a quality sponsor,' Stephen Rosenberg, CEO of Greystone, told Multi-Housing News. 'Right now, the market is extremely frothy and awash with capital. While Greystone hasn’t loosened its underwriting standards…
A report from The Real Deal on New York. "It was one of many signs last year that a growing number of New York City condo developers are on borrowed time. Bank OZK had committed $108 million to finance a…
Three reports from the Wall Street Journal. "Last spring, a real-estate lender hired three ratings firms to rate a series of bonds backed by speculative real-estate loans. Only one of the three got to rate all the bonds. Moody’s Corp.…
This past year had a lot of important developments, so I wanted to do a year end summary. It turned out to have more than I expected so this installment will be the first half of the year, and I'll…
A report from Myrtle Beach Sun News in South Carolina. "An apartment complex near Coastal Carolina University will soon have a new management company as the property remains at the heart of a $24 million legal fight. In November, U.S.…
A report from the Norman Transcript in Oklahoma. "The developer that partnered with the University of Oklahoma to construct Cross Village is suing the university for more than $750 million, alleging that OU misled Cross investors and breached its contract.…
A report from DS News. "What might make delinquencies rise a long decline into historically low levels after the Great Recession? Mike Rawls, EVP of Servicing for Mr. Cooper points to slowdowns in home prices across the country. 'Home price…
A report from Minnesota Daily. "For around $1,735 per month, you can rent a one-bedroom, one-bathroom penthouse apartment at Hub Minneapolis, one of the newest luxury apartments aimed at students near the University of Minnesota. The apartment complex is roughly…