Kam Sang Acquires Loan on DTLA’s Wells Fargo Center South at Discount

Newmark completed the discounted sale of the $290-million loan collateralized by the fee simple interest in Wells Fargo Center South, a Class A office tower at 355 S. Grand in Downtown Los... Read more »

Chase offers limited time 0.25% mortgage rate discount

Chase offers limited time 0.25% mortgage rate discount Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 1 minute ago Source link Read more »

Our Florida Foreclosure Discount Was Still Worth It After $170K in Renovations

If perusing real estate listings was akin to scrolling in a dating app, Benjamin Bodenschatz, 41, would have swiped left immediately on this 1981-built fixer-upper in Titusville, FL. His wife, Cosette, a... Read more »
Netflix Buying Foreclosed L.A. Studios at Huge Discount

Netflix Buying Foreclosed L.A. Studios at Huge Discount

Netflix is set to drop nearly $400 million on a century-old Los Angeles movie studio that was seized by banks in a foreclosure. The Studio City lot last traded five years ago... Read more »
601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount

601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount

Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured by 333 S. Grand Ave., a 55-story, Class A office tower totaling... Read more »
Shuttered San Francisco Centre May Sell at Deep Discount

Shuttered San Francisco Centre May Sell at Deep Discount

The 1.5-million-square-foot San Francisco Centre mall, which closed late last month, may be on the verge of new ownership, likely at a deep discount, the San Francisco Chronicle reported. At least four... Read more »
CFPB report focuses on ‘discount points,’ but paints an incomplete picture

CFPB report focuses on ‘discount points,’ but paints an incomplete picture

The Consumer Financial Protection Bureau (CFPB) on Friday issued a report indicating that it is taking a closer look at the impact of “discount points” on mortgage transactions, noting that use of... Read more »
Brookfield Selling Defaulted DTLA Office Tower at Steep Discount

Brookfield Selling Defaulted DTLA Office Tower at Steep Discount

South Korean investment manager Consus Asset Management has agreed to pay $145 million, or $145 per square foot, for the one-million-square-foot office tower at 777 S. Figueroa St. in Downtown Los Angeles, reported Bloomberg... Read more »
Brookfield Selling Defaulted DTLA Office Tower at Steep Discount

Developer Snags Retail, Office Building at Huge Discount

A joint venture of Farpoint Development and MCZ Development is under contract to pay a little more than $20 million for a retail and medical office building. The move to swoop in... Read more »
Dollinger Properties Lists Brea Office for Sale at Discount

Dollinger Properties Lists Brea Office for Sale at Discount

Dollinger Properties is prepared to sell a 146,000-square-foot office building in Brea for less than it paid for the property in 2019.  The Redwood City-based firm has put 1800 East Imperial Highway... Read more »