Hometown Lenders’ national expansion collided with rising rates

In bankruptcy court, the Huntsville, Alabama-based mortgage lender says it plans to repay creditors by claiming more than $20 million in tax credits and clawing back $1 million from warehouse lenders. Continue reading

Troubled WeWork projects savings of $8B through restructured leases

The bankrupt provider of co-working spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives said Tuesday. Continue reading

WeWork reportedly to file for bankruptcy as soon as next week

The company that once embodied the future of the workplace, which at its peak was valued at $47 billion, is reportedly considering filing a chapter 11 petition in New Jersey. Continue reading

Real estate debt marketplace PeerStreet files for bankruptcy

The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading

Real estate debt marketplace PeerStreet files for bankruptcy

The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading

Squabble in paradise: What’ll happen to $256M in FTX real estate?

The US and Bahamian governments are jockeying to oversee the bankruptcy of crypto exchange FTX — and its trove of real estate holdings — following the arrest Monday of Sam Bankman-Fried in the Bahamas. Continue reading

Panthers owner seeks bankruptcy protection for his real estate firm

A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800 million project fell through. Continue reading

Luxury home auctions are having a moment. Here’s how to get in on it

Luxury homes that eventually go to auction sometimes come across as the black sheep of listings and require a nuanced approach. Here are luxury agent Aaron Kirman’s top tips for success. Continue reading