Courts roundup: Hilton sues timeshare owners, Peer Street files second suit

Courts and litigation roundup covering filings on Monday, February 15:

Monday was a holiday so there were fewer court filings than normal.
There were no new real estate-related bankruptcy filings.

Hilton Resorts Corporation filed yesterday to foreclose on six timeshare units at 1335 Sixth Avenue, bringing to more than 50 the number of pre-foreclosure cases the hotelier has filed at the property since January 2020. An example of a case is here.

There was one commercial pre-foreclosure case. PS Lending, an affiliate of California-based Peer Street, filed to foreclose on a $1.2 million loan secured by a two-family building at 1567 56th Street
PS Funding filed to foreclose on a $2.7 million loan last week.