Cerberus, Highgate Miss Payments on $415 Million Hotel Mortgage
Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels.
Recent
Crowdfunded Real Estate Deals Unravel as Funds Vanish
Investors who together put up $63 million to buy pieces of Atlanta and Miami commercial real estate have allegedly seen their funds disappear.
Economist Sees 'A Potential Rally' in the Housing Market
New home sales surging, new construction on upswing, home prices bouncing, enough for one economist to says housing market bottomed.
Housing Expert: ‘Builders are Feeling Great Right Now’
Homebuyers faced with few options on resale market were quick to snatch newly built homes this spring. Trend that likely to continue this summer.
Blackstone REIT Announces Major Asset Liquidations As Redemption Requests Continue
Real estate investment trust still trying to raise money for shareholders, recently announced sale of $3.1B worth of its commercial portfolio.
Billionaire Investor Seth Klarman's Big Contrarian Play: Buying Commercial Real Estate Ahead of a Potential Recession
Many investors believe commercial real estate is the next shoe to drop in this uncertain economy.
Morgan Stanley Says Commercial Real Estate Will Crash Harder Than During the Great Financial Crisis
Here’s how 5 other top institutions see it playing out.
