A 44,000-square-foot office building in Lauderdale Lakes is facing foreclosure while its owner tries to attract investors for a remodeling project. Best Meridian Insurance Co. of Florida, part of Miami’s BMI Financial Group, has filed a foreclosure lawsuit in Broward County court. The lawsuit demands repayment of a $7.2 million mortgage or control of the […]
Although Fresno’s real estate leaders are celebrating some successes achieved in the county over the past year, such as completed affordable housing projects and low vacancy rates in the office space and commercial property sectors, they also acknowledge that the real estate sector still presents numerous challenges to be resolved. Fresno currently has different markets, […]
Prime Finance is filing a $101 million lawsuit, claiming the real estate developer defaulted on payments for the 27-story building. Flaherty & Collins’ marketing director, Nina Settappa, mentioned that rising operating expenses and stagnant or declining revenues have been obstacles in downtown Indianapolis. Despite this, the company was surprised by the foreclosure filing at 360 […]
A lender is attempting to seize an industrial property after issuing a loan of nearly $8 million for a property that is 66% leased. Boruch “Barry” Drillman, an investor who admitted to committing real estate fraud last year, narrowly avoided a lender’s foreclosure on an industrial property in Chicago’s South Side with an urgent court […]
The nations leaders in online real estate foreclosure listings information delivery.
