It's Friday desk clearing time for this blogger. "Sidney Kimmel just sold his lavish Manhattan condo for about $20 million. Kimmel was original asking $39.5 million for the home in December 2018. Kimmel and his wife bought the apartment in…
A weekend topic starting with the Review Journal in Nevada. "Landlord Mario Tafarella is owed more than $30,000 in rent from two of his Las Vegas rental properties in Desert Shores, and it’s money he never will receive. 'Thirty grand…
A weekend topic starting with Bisnow New York. "New York City’s commercial property values are expected to fall substantially this year. A summary of the past year said that the real estate markets 'collapsed' after the coronavirus gripped the city,…
A report from the Oklahoman. "The Hill, an upscale housing development in Deep Deuce, was due for completition in 2008. The project has gone through more than a dozen extensions. Bill Canfield is in default of his agreement with the…
A report from the Oregonian. "1912 remade Craftsman in Portland Heights: 2909 S.W. Upper Dr. is listed at $450,000. The property was listed for sale on Sept. 20, 2019 for $699,900, according to public records. The price dropped $200,900 about…
A report from DS News. "Nearly every metro area in America is experiencing peak seriously delinquent mortgage loans, according to a report from Nationwide economics. Levels are approaching the severity of the 2010 housing bust, economists say. 'The spike in…
A report from the Real Deal on New York. "Ladder Capital intends to foreclose on four Harlem rental properties owned by Isaac Kassirer’s Emerald Equity, after the firm defaulted on a $32 million loan. In April, Isaac Kassirer extended the…
A report from the Review Journal in Nevada. "Las Vegas’ housing market is defying logic. It has heated up with fast sales and a monthslong streak of record prices despite the bleak economy, raising the question locals often ask: Is…
A report from the Los Angeles Times in California. "If you’re falling behind on rent, don’t just wait for consequences. Your landlord may be open to negotiation. 'Residents shouldn’t hesitate to reach out to their housing provider,' agreed Fred Sutton,…
A weekend topic starting with the Associated Press. "While REITs overall are lagging the broader stock market this year, apartment REITs are among the worst-performing. The 15 apartment REITs included in the Nareit index have a negative total return of…