An office building on Executive Drive in Brookfield has been acquired by the building owner’s lender in a deed in lieu of foreclosure action, according to state records. Located at 200 S.

Gaw Capital offloaded another downtown Oakland hotel property at a 76% discount in November. Gaw sold the 162-room ...

Office vacancy rates have been rising since early 2022 as companies nationwide have reduced space, according to CBRE Group ...

Texas. At the time of the deed in lieu of foreclosure transaction, the unpaid debt on the loan was $117.1 million, including principal, interest, late fees and penalties, according to Alameda County ...

Texas. At the time of the deed in lieu of foreclosure transaction, the unpaid debt on the loan was $117.1 million, including principal, interest, late fees and penalties, according to Alameda ...

“A deed in lieu either stops the lender from commencing a foreclosure or stops a foreclosure that has been commenced. Simply stated, the borrower turns over the keys to the lender,” Gerson said.

Stories from this week in Chicago, about the South Side’s multifamily landlord problems, distressed offices trade hands and a broker sentenced to federal prison ...

These include the sale of the home, a deed in lieu of foreclosure, or simply paying the balance if they have the resources to do so. But in the case in Connecticut, the heirs of the deceased ...

The financing vehicle that triggered the foreclosure was a construction ... affiliate lost ownership of the building through a deed in lieu of foreclosure, which is a streamlined process whereby ...

The Block 216 tower that holds Portland’s Ritz-Carlton hotel encountered “catastrophic setbacks from the beginning” and is now only worth $425 million — far short of the $510 million owed ...