As foundation work proceeds on two dramatically styled downtown apartment towers, the high-profile riverfront project just landed the cash foundation it needed. Atlas Capital Group nailed down a $985 million construction loan to build the towers at 570 Washington Street and 80 Clarkson Street, which it’s developing with Zeckendorf Development and Baupost Group, sources told
Laurene Powell Jobs, the billionaire widow of Apple visionary Steve Jobs, has set a new residential sale record for the city of San Francisco. Powell, 60, purchased a home in the Pacific Heights neighborhood for a cool $70 million, individuals with knowledge of the sale told the Wall Street Journal. The property wasn’t publicly listed
Hail to the cha-ching. President Joe Biden and First Lady Jill Biden treated their various Delaware real estate holdings like a personal ATM for years, taking out several mortgages and refinancing a whopping 35 times, according to a report. The couple, said to boast a net worth of $10 million, allegedly borrowed $6 million on
With over three decades of experience and more than $650 million in funded loans, Union Home Loan has solidified its position as a trusted and dependable private lender in California. Post this In contrast to conventional loans, which are typically provided by banks and other traditional financial institutions, residential hard money loans are secured by
The property with the second largest gap in assessed and current market value previously served as the residence of Robin Williams and his former wife and Mrs. Doubtfire producer Marsha Garces Williams. There is a nearly $19 million difference between the $5.7 million assessed value of the property and the Zestimate market value of $24.7
Metro exclusive By Georgett Roberts and Kathianne Boniello Published June 1, 2024, 7:57 a.m. ET Barry Pollack and his wife Barbara filed for bankruptcy multiple times as they faced eviction in Jericho. Dennis A. Clark A pair of allegedly racist squatters who went years without paying their mortgage — then cried poverty and refused to
Real Estate By Daniel Bortz Published May 10, 2024, 8:36 p.m. ET Getting a mortgage is, by general consensus, the most treacherous part of buying a home. Even lenders agree that it’s often a struggle. “A lot can go wrong,” says Staci Titsworth, regional manager at PNC Mortgage in Pittsburgh. If you’re out to buy a home, you