To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The lender released a mortgage ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The special warranty deed was ...
If you’re a commercial property owner facing the threat of foreclosure, or just skimming headlines you’ve likely seen the phrase “giving back the keys”. Although this expression may sound like an ...
Short sales and loan modifications have grown to help offset foreclosures, but banks are also turning more to deeds-in-lieu of foreclosure. Slightly more than 20,000 deeds-in-lieu of foreclosure ...
Bridge Investment Group relinquished a Miami-Dade County office building in a deed in lieu of foreclosure and sold a nearby property for $20.8 million. The deals came as both buildings are struggling ...
The facts in DJK Enterprises are straightforward. The debtor owned and operated a hotel in downstate Illinois. The debtor had received a loan from a bank, and the loan was secured by a first mortgage ...
More and more borrowers are handing over the keys to their distressed buildings, according to panelists at the IMN Distressed CRE West Forum in San Francisco this week, leaving their lenders with no ...
With billions of dollars worth of commercial real estate loans coming due, landlords with struggling properties are increasingly giving the keys to lenders and walking away. The decision amounts to ...
A Madison Equities property in downtown St. Paul has been returned to its bank in a deed in lieu of foreclosure deal, according to a certificate of real estate value released Monday. Minnwest Bank, a ...
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