Real estate capital stacks often have two pieces. First, there is a traditional mortgage loan secured by real estate. Second, there is a less traditional, but recently quite common, mezzanine loan ...
While “foreclosure” is generally bad news for businesses, for those who work in commercial real estate foreclosures it’s good — and the news has been especially good of late. “Foreclosures are ...
After losing two of his marquee hotels to lenders and facing an auction of a Miami Beach hotel, Thomas now could also forfeit a Coral Gables office building due to financial woes. Lender Cerberus ...
The reward for overcoming one obstacle is the opportunity to face another. Amid the wave of Uniform Commercial Code (UCC) foreclosures in commercial real estate, title companies have shown a tendency ...