Finance & Lending

The failures of major regional banks last week have created a new round of uncertainty for real estate capital markets.

The bank was seized on March 12 without another lender ready to take over, which regulators typically strive to have in place.

After months of weak buyer interest, agents began seeing larger crowds at open houses in January and getting multiple offers above asking price on their listings. By early March, though, climbing mortgage rates, plunging stock prices and...

The lender survived blowups with cabbies, “bad landlords” and Trump — only to fall after trying a side gig.

American Dream’s owner Triple Five Group agreed to make the payments in lieu of real estate taxes to the borough of East Rutherford on land surrounding the mall in exchange for rights to build a hotel, minor league baseball stadium and offices.

The payment-in-kind option for part of the loan, is an arrangement being considered by lenders including Apollo, Blackstone and Oaktree Capital Management.

The private equity firm had sought an extension from holders of the securitized notes to allow time to dispose of assets and repay the debt, according to people with knowledge of the plan. Market volatility triggered by the war in Ukraine and...