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Real Estate & Property Law

: Housing Watch

Why Trump Can Get a Break and You Can't

By Alyssa Katz

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Filed under: News, EconomyDesperate to get a principal reduction on your way-too-big mortgage? If only you were a real estate mogul. Just like homeowners, owners of commercial real estate like office and apartment buildings have been walking away from their mortgages. Dow Jones reveals the latest bombshell: Vornado Realty Trust, one of the biggest real estate investment trusts in the nation, has announced it's planning to stop making payments on two loans worth $235 million. And as you've proba read more

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Full post as published by Housing Watch on December 31, 1969 (boomark / email).

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