Keith Larsen

Merchants Bank of Indiana revealed in its third quarter that it has fewer bad loans attributable to mortgage fraud

Moshe Silber filed for personal bankruptcy as creditors circle the imprisoned real estate investor

A 27-story Philadelphia office tower in Center City is heading to a foreclosure auction after defaulting on a $75 million loan.

Rithm Capital inked a deal to acquire major office landlord Paramount Group for $1.6 billion, marking a bet on Class A office values

Liberty Terrace Condominiums board filed alleging some of the money lost to an alleged phishing scam included over $1.3 million in board funds

Rithm Capital is nearing the finish line to acquire New York City and San Francisco office landlord Paramount Group, according to sources familiar with the matter. This comes after a months-long multiple-round bidding process, which included SL Green, Vornado, Blackstone, Empire State Realty and DivcoWest with Dubai-based Saray Capital, sources said. Through the acquisition, Rithm, one of the largest mortgage servicers in the U.S., can expand deeper into commercial real estate amid an acquisition spree. The news was first reported in the Wall Street Journal. If the deal goes through, Rithm will take on Paramount’s 17-building office portfolio in New York […]

Steve Stuart, formerly one of the public faces of Fortress Investment Group’s real estate arm, joins U.S. debt team Ares Management

After a three-year bankruptcy, the former Ritz-Carlton, now Wagner Hotel, in Battery Park City finds new ownership with Silver Creek Development, ending the controversial tenure of Urban Commons' Taylor Woods and Howard Wu.

JEMB’s legal battle with Alex Shchegol and his for-profit institution ASA College has come to an end after wild allegations.

A buyer recently paid just $28 million for the six-story retail portion beneath office space, which had served as the New York Times’ headquarters for decades