A report from Spectrum 1 on New York. "Small landlord Karron Graves-Briceño says her whole retirement is wrapped up in the one unit she rents out in Harlem. She says her tenant stopped paying rent nearly a year ago even…
It's Friday desk clearing time for this blogger. "Buyers started returning to San Francisco’s downtown condo market in the fourth quarter of 2020. The resurgence in sales, however, didn’t bolster prices: They declined an average of 10.4% year over year…
A report from Market Place on New York. "Broker Peter Schubert estimates that between 10% and 20% of commercial real estate in Brooklyn is vacant right now — officially. 'On top of that 10 or 20%, we know that there’s…
A report from the Wall Street Journal on California. "The property Jordan Mazer bought in December is the classic Venice beach house in more ways than one. Another thing that makes his property emblematic of the neighborhood: He paid $213,000…
A report from Market Watch. "Like floodwater, mortgage bond losses flow from the bottom up. But with today’s compressed bond yields and an uncertain backdrop for commercial properties, Daniel McNamara, principal at a hedge fund that’s been in the spotlight…
A report from Reuters. "Investors fueling an initial public offering bonanza are snubbing many U.S. mortgage providers’ stock market debuts over concerns that the sector might have reached its peak. 'Investors don’t like buying into a company at the start…
A report from the Real Deal on Florida. "John Rosatt sold his waterfront mansion in Fort Lauderdale’s Las Olas Isles for $7 million, nearly five years after putting it on the market. He bought the home in 2015 for $12…
A report from Real Estate Weekly. "Ninety percent of workers from New York’s financial heart are still operating from home. Nearly half of Lower Manhattan’s population has left, and three hotels and over 160 retail business have closed for good,…
A report from Yahoo Entertainment. "Kameron Westcott recently said goodbye to her pink-filled mansion to move into a different gorgeous abode — but the process was far from simple, as we learned on The Real Housewives of Dallas' February 9…
A report from Mansion Global on New York. "Last week, 30 high-end contracts asking $4 million or more entered into contract in Manhattan, according to Olshan Realty. The strong totals in the last two weeks 'continued a trend that started…