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So You Want to Foreclose on Real Estate, then what?
- Article from:
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Debt 3
- Article date:
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March 1, 2008
- Author:
- Levin, Elliott D
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Copyright informationCopyright Commercial Law League of America Mar/Apr 2008. Provided by ProQuest LLC. (Hide copyright information)
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Residential real estate foreclosures have hit an all-time high, and projections are that they will continue. There are many causes, most of which are greed, spun by sale and resale of subprime mortgages and securitized loan packages, the granting of those original mortgages, the appraisals that went along with the original mortgages, and the underwriting. Residential mortgage foreclosures have caused problems in other parts of our economy. Developers find themselves with developed lots for sale, additional excess land yet to be developed, where builders have simply quit building, have stopped taking down on take-down contracts, and the inability to borrow additional funds either for future ...
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Bankers Show More Optimism About Commercial Real Estate
The Journal Record;
April 22, 1993 ;
622 words
......reports showed generally positive trends in real estate. Citicorp was able to sell $125 million in troubled real estate during the January-March period. Chemical Bank saw its troubled real estate account fall $127 million to $2.4 billion. This by no means signals a return to the ...
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Real Estate Executives See Mid-'90s Market Recovery
The Washington Post;
December 5, 1990 ;
David S. Hilzenrath;
655 words
......lost, will be enormous," said Chicago-based Real Estate Research. The annual report, sponsored by Atlanta-based Equitable Real Estate Investment Management Inc., was based on interviews with more than 100 real estate executives. It offers a glimpse of the way...The executives' low ...
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Investors watch ... and wait; Property values to fall; when and by how...
Pensions & Investments;
May 26, 2008 ;
Jacobius, Arleen;
787 words
......Yalonis said. One bright spot is distressed real estate. About 50 distressed real estate debt funds were raising funds the end of 2007...said John Jacobsson, managing partner, Apollo Real Estate Advisors, New York. Apollo closed a domestic...fund. These debt funds are hoping to scoop ...
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Fort Worth, Texas-Area Real-Estate Firm Realigns Assets.
Knight Ridder/Tribune Business News;
February 15, 2002 ;
560 words
......million from Crescent Real Estate is intended to...Crescent Operating pay bankruptcy-related expenses...chairman of Crescent Real Estate, said the agreement...work through a bankruptcy proceeding by Crescent...wiped out in a bankruptcy, are expected to receive Crescent ...
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If commercial real estate falls off a cliff: Speed could pick up the...
Mississippi Business Journal;
June 4, 1990 ;
Jones, Kevin;
787 words
...If commercial real estate falls off a cliff Real estate today is where the oil and gas business was...EastGroup Properties, Leland Speed's flagship real estate investment trust (REIT). That's fine, because...made his fortune by picking up floundering real estate investment ...
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Fontana, Calif., Real Estate Broker Seeks Bankruptcy Protection.
Knight Ridder/Tribune Business News;
June 20, 1999 ;
Drummer, Randyl;
464 words
......known Fontana real estate broker whose license...personal Chapter 7 bankruptcy liquidation. In...for the D.A.'s real estate fraud unit said...listed on the bankruptcy petition are dozens...law to own her real estate business -- as...Department of Real ...
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Franz Rassman Joins Fried Frank's Real Estate Practice in Washington, DC.
PR Newswire;
February 19, 2008 ;
631 words
......active real estate market, with commercial real estate, development and foreign investment key financial...We are delighted to have him as part of the real estate team, said Jonathan Mechanic, chair of Fried Frank's Real Estate Department. We are pleased to welcome ...
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Three Elected Partners in Chicago, New York, Denver Offices of Global Real...
PR Newswire;
February 8, 2007 ;
727 words
...CHICAGO, Feb. 8 /PRNewswire/ -- Three veteran real estate executives in the Chicago, New York and Denver...International, LLC, the Chicago-based, global real estate marketing firm, have been elected partners of the company and its real estate auction, brokerage, consulting and ...
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Restrictions to Be Reimposed on Real Estate Project Loans
The Journal Record;
August 7, 1991 ;
787 words
......Restrictions on bank loans for real estate projects, which were removed...added even as commercial real estate values continue to decline...once-wealthy developers face bankruptcy. Members of the Senate...devise new restrictions on real estate lending, after which ...
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California System Failed to Stop Real-Estate Broker from Preying on...
San Jose Mercury News (San Jose, California) (via Knight-Ridder/Tribune Business News);
May 28, 2004 ;
787 words
......Nalder May 28--The career of Ann Ngoc Do, a real estate broker in San Jose, illustrates many of the weaknesses in California's policing of real estate agents, from the piecemeal ways her activities...and a colleague to the state Department of Real Estate without getting action. ...
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FTI Consulting, Inc. Acquires The Schonbraun McCann Group, the Leading...
PR Newswire;
March 31, 2008 ;
787 words
......form the core of FTI's Real Estate Practice - Real estate restructuring and advisory...leading, dedicated national real estate and finance consulting...offers a full range of real estate financial consulting services...compliance, restructuring and bankruptcy, ...
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Rolling the real-estate dice; N.Y. hospital selling choice location...
Modern Healthcare;
February 19, 2007 ;
Becker, Cinda;
583 words
......to emerge from bankruptcy in late spring...the ashes of its bankruptcy and leverage the...sale of its prime real estate in Greenwich Village...focused on the bankruptcy, but you have...Based on what the real estate market is telling...around and sold real estate ...
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OLYMPIA & YORK REAL ESTATE EMPIRE'S SURVIVAL IN DOUBT; Firm's Move Offers...
The Washington Post;
May 16, 1992 ;
Robert J. McCartney;Jerry Knight;
787 words
......far U.S. and foreign real estate markets are from recovery...York's retreat to the bankruptcy courts sent only minor...problems of the commercial real estate industry by damaging...only put its Canadian real estate under court protection...York. A New York real ...
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Agents riding the commercial real estate roller coaster: commercial real...
Mississippi Business Journal;
August 12, 2002 ;
Kirkland, Elizabeth;
646 words
......for residential real estate. In commercial real estate, however, they...corporations declaring bankruptcy and others acknowledging...the commercial real estate business since...declaration of bankruptcy could be far reaching...Even without the bankruptcy of ...
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Surf and Country Pioneers Residential Real Estate Auctions in Southern...
PR Newswire;
September 26, 2006 ;
622 words
......Surf and Country(TM) Real Estate announces the addition...its current residential real estate brokerage, once viewed...event of a foreclosure or bankruptcy, industry experts see auctions...entree into residential real estate auctions will provide the...billion worth of ...
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