Getting a mortgage is one of the biggest financial commitments you’ll make, and understanding how it works is essential before you start house hunting. The process involves more than just applying for... Read more »
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and joint venture partner Haseko North America have closed on land and secured a loan for Jules San Pedro, an eight-story,... Read more »
In the latest sign of Los Angeles County’s office market’s slow post-pandemic recovery amid high vacancy and distress, a loan tied to a Blackstone property in Burbank has been transferred to special... Read more »
As of January 22, 2026, the average 30-year fixed mortgage rate has dipped slightly to 5.99%, according to Zillow data. While this offers a breath of fresh air for potential homebuyers, it’s... Read more »
As of January 18, 2026, a sense of relief is washing over the housing market thanks to a noticeable dip in mortgage rates. My take? The average rate on a 30-year fixed... Read more »
As of January 12, 2026, mortgage rates, according to Zillow, have seen a gentle dip. The most popular choice, the 30-year fixed-rate mortgage, now sits around 5.91%, a slight decrease from the... Read more »
Alexander’s, Inc. has restructured the $300-million mortgage loan on the retail condominium of 731 Lexington Ave. in Midtown Manhattan. Under the terms of the restructuring, the existing loan was split into a $132.5-million senior A-Note accruing current interest at... Read more »
Its growth has been driven by well-known industry veterans. TLS’s strategy is rooted in the prior experience of its leadership team — including CEO Phil Shoemaker, president Jason Lee and chief revenue... Read more »
Pacific Investment Management Company and the Witkoff firm have defaulted on a loan of more than $400 million tied to a luxury apartment complex in Santa Monica. The delinquent loan is connected... Read more »
JLL Capital Markets secured an acquisition and repositioning loan for Grand Prix Auto Club, a garage condo redevelopment project in San Diego. Located at 8108 Mercury Ct. in San Diego, Grand Prix Auto Club will transform an... Read more »