Israel approves first West Bank settler homes since Gulf deals

Israel approved 2,166 new homes in settlements across the occupied West Bank on Wednesday, official figures sent to AFP showed, ending an eight-month lull in settlement expansion. 

The approvals came less than a month after the United Arab Emirates and Bahrain signed agreements to normalise relations with Israel, which in return pledged to freeze its plans to annex swathes of the West Bank.

NGO Peace Now said the settlement uptick signals Israel’s rejection of Palestinian statehood and deals a blow to hopes of a wider Israeli-Arab peace.

It said that around 2,000 more homes are expected to be approved on Thursday.

“Netanyahu is moving ahead at full steam toward solidifying the de facto annexation of the West Bank,” it said in a statement ahead of Wednesday’s decisions.

US President Donald Trump sees the Gulf accords as part of his broader initiative for Middle East peace.

But a controversial plan he

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Deutsche Bank, Goldman and JP Morgan top commercial real estate finance, despite COVID-19 cracks


Spencer Platt/Getty Images

Several Wall Street banks have come to dominate a corner of U.S. commercial real estate finance over the past seven months, even as the coronavirus pandemic has cast a long shadow over the market.

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Deutsche Bank (DB) Goldman Sachs (GS) and JP Morgan Chase (JPM) each significantly grew their share of the roughly $550 billion commercial mortgage-backed securities (CMBS) market during the pandemic, according to a new report by Deutsche’s research arm.

The CMBS market is a type of property finance where Wall Street banks make loans on hotels, skyscrapers, and other types of commercial buildings to package into bond deals that investors buy.

This chart shows which Wall Street banks won — and lost — market share since the pandemic took hold in the U.S.

Deutsche Bank Research, Index data

Researchers categorized loans as pre-COVID from January to March, but as post-COVID as

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U.S. Bank lists downtown Duluth building for sale



a view of a tall building: The 10-story U.S. Bank building in downtown Duluth is for sale. The bank intends to remain as a tenant.


© Star Tribune/Star Tribune/Brooks Johnson / [email protected]/Star Tribune/TNS
The 10-story U.S. Bank building in downtown Duluth is for sale. The bank intends to remain as a tenant.

DULUTH – U.S. Bank is looking to sell its 10-story building in downtown Duluth, though the bank intends to remain as a tenant.

“We are proud to serve our customers in the Duluth area and look forward to continuing to serve the community,” spokeswoman Boua Xiong said in a statement. “Although we have put our current site on Superior Street up for sale, we plan to sign a long-term lease with the new owners. We do not expect this to impact our customers or to change the number of our employees who work in the building.”

No listing price was available. Brokers with Cushman & Wakefield, the firm handling the listing, were unable to comment.

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County tax records have the property

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Bank drops foreclosure suit against James MacDonald

Pastor James MacDonald preaches at Harvest Bible Chapel. | Courtesy of James MacDonald

Controversial founder of Harvest Bible Chapel in greater Chicago, James MacDonald, is no longer in danger of losing his sprawling $1.6 million custom-built home in Elgin, Illinois, after the bank holding his mortgage withdrew a foreclosure lawsuit against him Wednesday.

Republic Bank of Chicago filed an order in Kane County court saying it agreed to dismiss the suit because it reinstated MacDonald’s mortgage but did not specify why, the Daily Herald reported.

MacDonald had previously owed $947,546.34 on his five-bedroom, 5.5-bathroom home that sits on 10 acres along Highland Avenue. He allegedly borrowed $990,000 from Republic Bank of Chicago to purchase the home in 2016. Since last December, it was reported that MacDonald hadn’t made a mortgage payment up to the time of the

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Bank drops foreclosure suit against fired Harvest Bible pastor

A foreclosure suit on the mortgage for the estate home of fired Harvest Bible Chapel pastor James MacDonald has been dropped by the bank.

Kane County court records show that Republic Bank filed an order Wednesday, saying it agreed to dismiss the suit because it reinstated the mortgage.

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        

 

It did not specify why it reinstated the mortgage.

In the foreclosure suit, which was filed in July, the bank said MacDonald had not made a mortgage payment since December 2019. It sought $947,546 from MacDonald.

The suit also named MacDonald’s limited liability corporation, Vanilla Bean, as a defendant.

The house, on the 14N300 block of Highland Avenue west of Elgin, was bought in January 2016 with a $990,000 loan, according to the suit.

The Rutland Township assessor’s office describes the home as a 1½-story stone-and-cedar house with 3½ baths, on a lot a little more than 5 acres. Realtor.com said it

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Bank, Pizza Building For Sale In Coolidge Corner For $15M

BROOKLINE, MA — If you’re looking to get into the business of owning a commercial building in town, and have an extra $15 million you’ve got nothing better to do with, here’s an option that just came on the market. The building that’s hope to Webster Bank and Ottos Pizza is for sale.

The realtor notes it’s got “tremendous development potential,” in the listing. That’s likely not exactly music to the ears of many North Brookline residents, as the area is set to see a more construction in the years to come.

Check out what the realtor has to say about it:

  • Address: 297 Harvard St, Brookline, Massachusetts
  • Price: $15,000,000
  • Square Feet: 8, 208
  • Bathrooms: 0 Baths
  • Features: 297 Harvard Street is an irreplaceable boutique retail asset and transit-oriented development opportunity in the heart of Coolidge Corner, Brookline, Massachusetts. The prominent 8, 208 square foot single-story building is 100% occupied
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Honolulu, HI Foreclosures, New Foreclosure Listings & Bank Owned Homes for Sale

There are currently 17 foreclosures for sale in Honolulu at a median listing price of $575K. Some of these homes are “Hot Homes,” meaning they’re likely to sell quickly. Most homes for sale in Honolulu stay on the market for 108 days and receive 2 offers. Popular neighborhoods include Kakaako, Zone 1, Ala Moana, Salt Lake, Diamond Head, Downtown Honolulu, Waikiki, Aina Haina, Ward Village, Nuuanu, Makiki, Kalihi Valley, Kailua, Kalihi, and Lower Manoa. This map is refreshed with the newest listings in Honolulu every 15 minutes.

In the past month, 317 homes have been sold in Honolulu. In addition to houses in Honolulu, there were also 2193 condos, 1 townhouse, and 9 multi-family units for sale in Honolulu last month. Honolulu is a moderately walkable city in Honolulu County with a Walk Score of

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Leaked Bank Docs Show Money Laundering Ties to Real Estate

2701 Jockey Circle in Davie, FL (Google Maps, iStock)

2701 Jockey Circle in Davie, FL (Google Maps, iStock)

A group of South Florida property owners’ alleged ties to global money laundering are revealed in newly leaked bank documents.

A family who owns a home worth more than $2 million in the Jockey Circle neighborhood in Davie and a man accused of buying an $850,000 Tudor cottage in Davie with drug money are among the property owners emerging from a trove of suspicious activity reports, according to the Miami Herald.

The reports are documents collected and analyzed by the Financial Crimes Enforcement Network, or FinCEN, to find potential money laundering.

The Ceballos family of Davie were flagged for $260 million in transactions from April 2013 to January 2014 that looked suspicious to a bank. Venezuela’s national oil company and an anti-poverty program were among the government agencies that made large payments to Ceballos companies, according to the Herald. Companies tied

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Bank Foreclosure Homes for Sale

Bank Foreclosures – Investing in Foreclosure Homes

Bank Foreclosures Sale is a leading online foreclosure listings service that provides information and advice to real estate investors of all skill levels: from beginners to experienced veterans, and everyone in between. Our database contains over two million foreclosure homes, including bank foreclosures, government foreclosures like VA homes and HUD homes, distressed properties and commercial foreclosure homes for sale all across the nation. We update our extensive collection of listings every day and are proud to provide the most accurate information available on bank foreclosure homes, pre-foreclosures and government foreclosures for sale. Our customer service is the most professional and experienced in the business, and our expert staff is accessible 24 hours a day, seven days a week.

Start your 7-day trial membership with our foreclosure homes listing service today and allow us to help you become a successful investor, or

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