According to a leading San Francisco media outlet, Chicago’s Oxford Capital Group recently transferred ownership of four San Francisco hotels through a deed in lieu of foreclosure. Despite this, Oxford will maintain management of the hotels after what is commonly known as a “friendly foreclosure.” Acore Capital, the San Francisco financier, now holds the titles […]
A few days ago, in the state of California, United States, a restriction on rent price increases came into effect. And while this may be good news for many landlords and property managers, it’s not a situation that should cause much concern for tenants because this new law also restricts the annual rent increase. The […]
In addition to the foreclosures currently affecting the city of Dayton, one in the state of Ohio is drawing considerable attention: Greene Town Center in Beavercreek, a neighboring city to Dayton. Its owners are now facing a lawsuit for allegedly failing to repay a substantial loan. On May 10, a foreclosure lawsuit was filed in […]
Recently, the Federal Reserve has taken measures regarding high interest rates, benefiting thousands of homeowners who purchased properties in recent years by giving them the possibility to consider applying for a reduction in the interest rate on their old mortgage loan. However, despite the fact that it can benefit many homeowners who are currently making […]