CGI Merchant Group, the Miami-based investor that acquired the lease of The Trump International Hotel in Washington, D.C., in 2022 for $375 million, has defaulted on a $285 million loan related to the property. According to a Wall Street Journal report sourced from...
There’s money to be found in bathroom sinks, according to a new study by Technavio that forecasts the market for this product sector will increase by $2.14 billion from 2022 to 2027, at a CAGR of 4.3%. The sector’s growth is attributed to an increase in renovation...
The New York judge who ordered former President Donald Trump to pay more than $354 million plus interest in his recent civil fraud trial has refused to allow a delay in the judgment’s enforcement. TheHill.com reported Judge Arthur Engoron rejected a request by the...
A new data report from ATTOM is highlighting a spike in commercial foreclosures over the last four years, from a low of 141 in May 2020 to the current figure of 635 in January. ATTOM noted May 2020 marked a significant low in commercial foreclosures due to the impacts...
New York Attorney General Letitia James has threatened to seize the commercial real estate assets of former President Donald Trump if he fails to pay the fines levied against him in his civil fraud trial. James, a Democrat, told ABC News she is prepared to take...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
