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The owners of the Regions Tower building, a fixture in the Indianapolis skyline, are facing foreclosure amid turmoil in commercial real estate industry.
Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
[7] [8] Between 1890 and 1900, the city's land area had more than doubled from 12.4 square miles (32 km 2) to 27.21 square miles (70.5 km 2). [ 3 ] The expansion of the city's streetcar and interurban systems at the turn of the 20th century allowed workers to live further from the economic center of Indianapolis, establishing streetcar suburbs ...
New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger. NBC Universal 2 months ago The housing ...
Castleton is a neighborhood area in Lawrence and Washington townships on the northeast side of Indianapolis, Indiana, United States. After shortly over a century of being an independent town, the locality was included in Indianapolis as part of Unigov consolidation in 1970 and was further dissolved in 1992. It is a primarily commercial district ...
Golden Hill is an affluent and historic neighborhood overlooking the White River on the west side of Indianapolis's Center Township, in Marion County, Indiana.The district is bounded on the east by Clifton Street, which is west of Martin Luther King Jr. Boulevard (formerly Northwestern Avenue); on the west by the White River and the Central Canal; on the south by Thirty-sixth Street; and on ...
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties [3] as of 2021.
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