Tag: foreclosure
Harbor Group Assumes Ownership of Foreclosed 623-unit Atlanta Multifamily Property Lofts at Twenty25
Harbor Group International has assumed ownership of the 623-unit asset after foreclosing on the $104.7 million, three-year floating rate loan it originated for former...
Ranger Properties’ The Lanes at Union Market in Washington DC Sold at Auction for...
Silver Spring, Maryland-based HH Fund bought Ranger Properties’ 110-unit project The Lanes at Union Market in the Union Market neighborhood of Washington, D.C., for $38.3...
Home foreclosure starts continue to climb, up 5 percent y/y
Inflation continues to wreak havoc on the American economy according to one important indicator: foreclosures. Foreclosures are rising across the country. Foreclosure data is compiled...
Bank of America faces hurdles in rentals
To help struggling homeowners, Bank of America recently launched a test initiative that will give some a chance to rent the very homes they...
Freakanomics and the Great Recession
A large part of the problem is that banks are skittish about offering loans to anyone other than those with immaculate credit and rock...