Are bad originators stealing your deals — and someone else’s future?
One New Jersey attorney says the days of impunity for mortgage bad actors ended in 2010 — and he’s proving it one case at a time
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Gaia Lands Another Extension for Williamsburg Apartments’ $48M Loan – Commercial Observer
It’s déjà vu for GAIA Real Estate. The developer landed for the second straight year a one-year extension for its $48 million loan on loan with Raymond James Bank backing a multifamily property at 55 Hope Street in Williamsburg, Brooklyn, Commercial Observer can first report. The extension pushed the loan maturity to August 2027, which…
L&G’s reported two-year licensing gap: could tenants really reclaim £15m?
A letter from Lewisham Council says the licensing application for one tenant’s home was submitted 744 days after the council’s selective licensing scheme began. Reports suggest another 314 applications connected with the same Legal & General development remain pending. That is the striking fact behind claims that L&G could be facing a rent repayment and…
May RBA hike firmly on the table as CommBank, Westpac revise outlooks
CommBank and Westpac are now expecting the Reserve Bank to hand mortgage borrowers another near-term rate hike, having adjusted their forecasts in the wake of Tuesday’s lift. The latest change leaves ANZ the only big four bank expecting interest rates to remain on hold for the remainder of this year despite RBA governor Michele Bullock’s…
Breaking Down The NYC Rental Lawsuit Against Compass
A new lawsuit is taking issue with Compass’ market share in Manhattan, claiming the residential giant is making an unfair dent in the rental market. Two New York City renters filed a complaint this week in the U.S. District Court for the Southern District of New York, who claim that Compass’ marketing strategy, which involves…
U.S. military says it completed latest round of strikes against Iran
U.S. Navy warships transit the Arabian Sea in close formation as CENTCOM forces continue to promote regional security and stability, June 30, 2026. Source: US Navy The U.S. military said early Saturday it ended a seventh straight night of strikes against Iran, as Kuwait and Bahrain reported attacks by Iranian projectiles and commercial shipping continued…
Met Gala exhibit centred on fashion designer John Galliano cancelled amid criticism
Open this photo in gallery: Fashion designer John Galliano poses at the end of the presentation of the Dior Haute Couture spring/summer 2010 fashion collection in 2010 in Paris.Jacques Brinon/The Associated Press The Metropolitan Museum of Art is cancelling its planned Met Gala exhibit centred on John Galliano, the museum and fashion designer said in…
