According to recent analyses by CoreLogic, a real estate data company, it has been determined that the city of Chicago is currently experiencing housing affordability issues, representing a crisis within the local real estate market. When remote work emerged as a consequence of the COVID pandemic, many Chicago residents decided to sell their homes and […]
Areeif Lender W LLC, linked to New York-based Ares Commercial Real Estate, has taken over Greystar’s Gabriella skyscraper, located in East Downtown Dallas. According to a major local news outlet, Charleston, South Carolina-based Greystar obtained a $127 million loan from Areeif Lender W LLC in 2020. Last week, this lender reportedly offered $80 million in […]
According to a leading San Francisco media outlet, Chicago’s Oxford Capital Group recently transferred ownership of four San Francisco hotels through a deed in lieu of foreclosure. Despite this, Oxford will maintain management of the hotels after what is commonly known as a “friendly foreclosure.” Acore Capital, the San Francisco financier, now holds the titles […]
A few days ago, in the state of California, United States, a restriction on rent price increases came into effect. And while this may be good news for many landlords and property managers, it’s not a situation that should cause much concern for tenants because this new law also restricts the annual rent increase. The […]
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