Distressed investors are targeting US commercial real estate deals as a result of plummeting office values due to the pandemic. Private equity firms have earmarked 64% of funds for this sector.
The leasehold interest in the property was slated to be sold to the highest bidder on Thursday after the hotel’s lenders defaulted on a loan with an outstanding balance of $252.7 million.
A plan by the Donna Deegan administration to implement state legislation requiring counties to ban public sleeping or camping by unhoused people is forthcoming.
Ohio real estate experts are warning against fake real estate listings that involve trying to sell a property owned by someone else or forging documents to transfer a deed to someone else.