A report from the Real Deal. "Quarters’ U.S. expansion appears to have ended in bankruptcy. Eight properties and two additional limited liability companies tied to the German co-living firm filed for Chapter 7 bankruptcy on Friday, according to court records.…
A report from the Real Deal on New York. "In February, billionaire Ken Griffin purchased Calvin Klein’s seven-acre Southampton home for $84 million — the year’s most expensive deal in the Hamptons. Now, the mansion next door has been put…
A weekend topic starting with the New Times SLO. "So, where is the state of California headed? Even a casual follower of the news has noticed that a lot of companies are leaving the state, taking the jobs and tax…
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,…
It's Friday desk clearing time for this blogger. "The city’s for sale, but who’s laying down millions and buying in? Michael Nierenberg and his wife bought a three-level Greenwich Village penthouse for less than half the seller’s initial ask of…
A report from the New Orleans Advocate in Louisiana. "The New Orleans metro area has earned an unwelcome financial distinction during the coronavirus pandemic: more homeowners here are at risk of losing their homes due to unpaid mortgages than in…
A report from the Real Deal on Florida. "The real estate wing of New York investment firm Axonic Capital paid $37.3 million in a bulk purchase of 170 units of a 310-unit fractured Doral condo complex. As a fractured condo…
A report from Local News 10 in Florida. "Patricia Guerrero said she is working full time to pay the mortgage of a home that she is supposed to be renting. Instead, she said there are squatters with a fraudulent lease,…
A report from the Wall Street Journal. "Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities, some Realtors and…
A reader suggested this weekend topic. "Can we have a post dedicated to educating the HBB about alternative social media platforms, censorship, privacy protection, and the use of sites like archive dot is to deny revenue to corporate globalist websites?…