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You won’t hear a lot about office woes in Orange County, but nowhere is perfect. The commercial mortgage-backed securities debt connected to an office park located in Westminster went to special servicing after the borrower defaulted on abou...
Buying a home with a VA loan can be one of the most affordable paths to homeownership for eligible service members, veterans, and surviving spouses. But what if you’re eyeing a foreclosed property? Can you use your VA benefits for that?...
Cathay Bank sued the owner of a Downtown Los Angeles commercial property, claiming the landlord defaulted on a $31 million loan. The lender alleges that a Laeroc Partners affiliate, the borrower and owner of 530 West 6th Street in the Financia...
Victor Sigoura’s Legion Investment Group is moving quickly on a coveted West Chelsea development site. The latest piece of the puzzle: a $155 million construction loan from Eldridge Real Estate Credit, the real estate investing arm of Eldrid...
Key Takeaways
HEIs provide upfront cash without monthly payments or new debt but you give up a share of your home’s future appreciation.
Eligibility depends on factors like equity, property type and lender rules; expect an appraisal, pape...