Property News
Here's why mortgage rates are all over the place - and how to find a good one
CNBC - 14 Apr 2020 20:15
Mortgage rates swinging wildly day to day, varying more dramatically lender to lender, during the volatility sparked by the coronavirus.
Mortgage rates go on roller coaster ride as more borrowers ask for forbearance
CNBC - 14 Apr 2020 18:08
CNBC's Diana Olick takes a look at how the coronavirus pandemic and forbearance programs are adding to mortgage rate volatility.
Millions of Americans may not be able to pay bills. These banks are offering coronavirus relief
CNBC - 14 Apr 2020 17:59
From emergency loans to deferred credit card payments, credit unions and banks across the country are making accommodations for Americans impacted by Covid-19.
We're looking to open right after offices reopen: Related Companies CEO
CNBC - 14 Apr 2020 16:30
Jeff Blau, Related Companies CEO, joins 'Squawk Box' to discuss how the company's tenants are doing on rent and what a reopening looks like. He also criticizes large public companies's like Tesla who are asking for rent ...
WeWork skipped April rent payments for some US locations
CNBC - 14 Apr 2020 13:39
WeWork has $40B of leases in long-term commitment. Robert Frank reports on the real estate companies with the biggest exposure to this new development. WeWork spaces remain open and is continuing to charge rent.
One Bennett Park condo sells for $6.25 million, marking 2020′s priciest 1st quarter residential sale in Chicago
Chicago Tribune - 14 Apr 2020 12:00
It's at least the fourth $6 million-plus condo sale in the pristine 70-story Streeterville building from Related Midwest.
Hotels and retailers not paying rent due to the coronavirus pandemic spikes in April, Trepp says
CNBC - 14 Apr 2020 01:27
The spike in loan payments not accounted for serves as an early indicator for just how bad things could get for retail and lodging real estate, according to Trepp.
Borrower requests for government's coronavirus mortgage bailout jump 78% in one week
CNBC - 14 Apr 2020 00:37
As unemployment surges and more Americans struggle to make ends meet, more homeowners are applying for the government's mortgage forbearance program under the recently-passed coronavirus relief plan.