Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
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Investments / The Ticker

Net positive for CRE

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Goldman Sachs Group (GS) has sold about $750 million of junior loans on a large hotel portfolio owned by the private-equity firm Cerberus Capital Management, according to people briefed on the transaction.

The junior loan, which was part of a $1.85 billion debt restructuring, was sold in four pieces and marks the latest—and one of the largest—complex refinancing deals since the financial crisis. This kind of financing with multiple junior debtholders was popular during the property market boom but disappeared when the bubble burst and risk appetite waned.

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