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LinkedInJeff Kravitz/FilmMagic By Liz Alterman | Sep 4, 2019 (Via Realtor.com) Bronx bomber turned broadcaster Alex Rodriguez can finally say, “See ya!” to his home in L.A.’s Hollywood Hills. The former New York Yankeesmegastar had been trying to unload his midcentury modern manse since November 2018, and after a fairly steep price cut, he’s finally sealed the deal for a reported $4.4 million. […]
RAIT Financial Trust’s Filing for Bankruptcy Protection Marks Rare Crash Since Recession
SEPTEMBER 03, 2019|MARK HESCHMEYER (Via CoStar Group) Fortress Investment Group Looks to Acquire Assets of Publicly Traded REIT Among RAIT Financial Trust’s assets to be sold through a bankruptcy auction is Oakland Plaza in Troy, Michigan. (CoStar) RAIT Financial Trust’s filing for Chapter 11 bankruptcy reorganization comes after a decade of struggles that may make […]
As Recession Fears Rise, Here’s the Lowdown for Real Estate
By Clare Trapasso | Aug 26, 2019 Ty Wright/Bloomberg via Getty Images; realtor.com It seems that whenever you pick up a newspaper or turn on the news these days, a scary word hits you in the face: “recession.” Germany is already teetering on the brink of recession; an unruly exit from the European Union this fall could cause […]