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 Waldorf Astoria in Washington, D.C. is set for auction on August 5, following a canceled sale last month. Alex Cooper Auctioneers will conduct the foreclosure sale for the leasehold interest at 1100 Pennsylvania Ave. NW, according to a notice filed by the lender’s representative. The federal government owns the property, but it is …
Poughkeepsie, New York, became the third city to opt in to “good cause” eviction protections since the state Legislature adopted the renter safeguards via the fiscal year 2025 budget, years after a local version of the regulation was struck down in court.