Development prices plunge in Miami. Vornado Realty and the Trump Organization land on a loan watchlist for their San Francisco office tower. The ex-Mrs. Shojaee sues Shoma Group president Stephanie Shojaee for defamation. Columbia Property Trust, a large PIMCO-backed office landlord, has defaulted on $1.7 billion in loans.
Catch up on all these hot headlines and more, as TRD’s Sydnee Bursik breaks down the real estate news you may have missed this weekend!
TIMESTAMPS:
00:00 INTRO
00:05 COLUMBIA PROPERTY TRUST DEFAULTS ON BILLIONS IN LOANS
00:23 BROOKFIELD’S LA OFFICE DEFAULTS
00:38 VORNADO, TRUMP ORG ON LOAN WATCHLIST
00:58 MIAMI DEV SITE PRICES NOSEDIVE
01:05 SHOJAEE LAWSUIT
#therealdeal #realestate #realestatelaw #lawsuit #video
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WATCH more TOP TRD NEWS:
Google Reassesses Mega-Dev Plans, Slack Moves Into Salesforce HQ & More : https://www.youtube.com/watch?v=BbbP7zzMw68
Tishman Speyer Exec. Had $3M Portfolio When She Disappeared: https://www.youtube.com/watch?v=OEGQ5u6HM6k
Billionaire Steve Wynn Selling Properties for $300 million: https://www.youtube.com/watch?v=jDuosvJGFyY
George Santos’ Sister Hasn’t Paid Rent in Nearly Three Years: https://www.youtube.com/watch?v=K_VkoTFEPzY
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