The American Developer
FRI 10.16.202630-YR 7.40%10-YR 5.190.02HOMEBUILDERS 3.82%Newsletter
★ DEAL BOARDBETA787 active casescases  ·   · $337.7M in play  ·  90 sold, 30 days  ·  filed here first, from the county record · Open the board →
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Distress & Opportunity

Defaults, special servicing, foreclosures, note sales, auctions, workouts, and the redevelopment sites they create, in South Florida, aging and unsafe condos are a standing pipeline.

★ DEAL BOARDBETA
787 active cases·$337.7M in play

Every South Florida foreclosure and tax-deed case, from the county record, filed here first.

Open the board →
Members see every case, party and dossier →
Distress & Opportunity / New York / 2 min

Public Administrator Takes Over Bayside Home After Squatter Arrests

Richard Klibschon died in 2018 with no will and no heirs. City property records still list him as the owner eight years later, while his house sat occupied and his estate worked through Surrogate's Court.

10.15.26 · 2 min

$61,500Assessed total value, NYC DOF PLUTO data
2+ yearsReported length of the occupation
2018Year owner Richard Klibschon died
Los Angeles
Court clears the $470M sale of LA's graffiti towers to KPC SquareThe most photographed failed project in America finally has a buyer. Graffiti removal starts within 30 days.07.21.26 · 2 min
Austin
112 Travis County trustee-sale notices set for Nov. 3Texas sells in the open on the first Tuesday. The next sale day is Nov. 3, and nearly a quarter of the posted notices name a company, not a household.10.13.26 · 2 min
Houston
TBK Bank sets Nov. 3 trustee sale of Westway Park Boulevard tractThe notice names the lender, the 2022 note and a 2024 amendment, details our morning count left open.10.13.26 · 2 min
San Antonio
Bexar's Nov. 3 trustee sale lists 49 entity borrowersOf 477 Bexar notices dated for the Nov. 3, 2026 trustee sale, 49 name an entity borrower. Four list original loans above $10M.10.13.26 · 2 min
Tampa
SEC Charges Tampa REIT Founders in Alleged $152M Investor FraudAn enforcement action over an unregistered REIT offering leaves a 300-property portfolio inside a bankruptcy estate, not the open market.08.01.26 · 2 min