CRE

Prospective buyers of the boarded-up East Hills Mall recently reached out to Bakersfield city officials with a new vision for demolishing and redeveloping the property into a village-like mixed-use center.

The second half of 2019 is a prudent time to examine the CRE market in the context of an inevitable slowdown, taking into account how the current landscape is impacting lending practices.

The Delaware company, best known for issuing prepaid cards, has ramped up commercial real estate securitizations. The shift promises to deliver big fees, but it could also cause headaches if defaults spike.

Sachem Capital Corp., a hard-money mortgage lender that makes short-term loans to investors, has raised $10 million in gross proceeds from a public offering of 2 million common shares.

The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.

A developer behind projects in the Maine cities of Portland and Saco was sued by a business partner as properties there are scheduled to be sold at foreclosure auctions.

The value of construction projects started in the greater Houston area fell sharply across both the residential and nonresidential sectors in May, according to a new Dodge Data & Analytics report.

On sunny days, the Grand Venezia at Baywatch condominiums in Clearwater, Fla., offer a view of Old Tampa Bay that calms the mind.

EF Hutton admitted in a court filing that it has defaulted under the terms of its contract with a real estate company and that the company has rightfully accelerated the debt.

First National Bank of Pennsylvania has filed a commercial mortgage foreclosure action against Conneaut Lake Park Volunteer Fire Department to collect more than $400,000 in outstanding loan debt, interest and penalties.