NEW YORK — A new wave of foreclosures stands to hurt people who may have never taken out a mortgage: renters. In cities such as New York, Chicago and Los Angeles, where many investors are carrying upside-down mortgages on large rental buildings, some tenants are watching their homes fall apart a…
Read More…
Find house rentals on RentNice.com
Calpers is leaning toward dumping BlackRock as a real-estate adviser after the firm steered the California pension fund into a disastrous apartment-complex investment.
Read More…
Search Rentals on RentNice.com
General Growth Properties said it reached a deal to restructure $9 billion in mortgages on 77 malls in hopes of removing them from bankruptcy protection by the end of the year.
Read More…
Search Rentals on RentNice.com
Donald Trump and his daughter, Ivanka, have reached a settlement agreement with a group of creditors in the bankruptcy battle over control of Trump Entertainment Resorts.
Read More…
Search Rentals on RentNice.com
Demand is expected to be strong for the Developers Diversified Realty deal, the first sale of commercial-mortgage backed securities under a government rescue program designed, in part, to ease the mounting stress in the commercial property sector.
Read More…
Search Rentals on RentNice.com
InterContinental Hotels is ready to strip its Holiday Inn brand from as many as 300 hotels owned by franchisees in North America if those properties don’t renovate.
Read More…
Search Rentals on RentNice.com
The empty Pontiac Silverdome, an 80,000-seat municipal stadium that once was home to the Detroit Lions, is up for auction — and it is possible no one will bite.
Read More…
Search Rentals on RentNice.com
Las Vegas Sands plans to begin preliminary work in January to restart two stalled construction sites in Macau.
Read More…
Search Rentals on RentNice.com
A one-bedroom apartment is not a lot of space for Julie Beers, her 2-year-old daughter, a golden retriever and a black Lab.
Read More…
Find house rentals on RentNice.com
A foray into hotels by Sam Nazarian, who operates some of L.A.’s hottest nightspots, has turned into a costly slog amid the worst hotel market in decades.
Read More…
Search Rentals on RentNice.com