Sales of office buildings jumped 20 percent last year, and leasing activity is up, too. Companies are looking for more space as work-from-home policies peter out.
Category: Foreclosures
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Foreclosures in China Soar, Threatening to Choke Off Bank Profits
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.
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As Hurricanes Persist, Soaring Insurance Costs Hit Commercial Real Estate
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.
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Fearing Losses, Banks Are Quietly Dumping Real Estate Loans
If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.
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For Some Investors, Aging and Empty Office Buildings Aren’t a Bad Thing
Bargain hunters are getting office buildings at steep discounts, a sign of the pain in the real estate market.
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Who Plotted to Sell Graceland? An Identity Thief Raises His Hand.
A person using an email for the company seeking to foreclose on the former home of Elvis Presley says his ring was behind the threat to sell the beloved landmark.
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Judge Blocks Attempt to Sell Graceland, at Least for Now
Elvis’s granddaughter, the actress Riley Keough, had filed a lawsuit seeking to stop what her lawyers said was a fraudulent auction off her family home.
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Riley Keough Sues to Block Sale of Graceland, Charging Fraud
His granddaughter, the actress Riley Keough, claims that a company is fraudulently planning to auction off Elvis’s home in Memphis.
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Student Housing Pioneer Faces Angry Investors, Irate Judges and a $115 Million Bill
Patrick Nelson, who manages 18 student housing properties, is struggling to pay back his partners. He says the pandemic harmed his once-thriving business.
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Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard.
The start-up’s innovative business model has helped some renters save for a down payment on their home, but others have walked away frustrated by the company.
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Stress Builds as Office Building Owners and Lenders Haggle Over Debt
The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.