{"id":149386,"date":"2026-02-09T22:49:48","date_gmt":"2026-02-09T22:49:48","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/149386\/"},"modified":"2026-02-09T22:49:48","modified_gmt":"2026-02-09T22:49:48","slug":"private-credit-loans-are-driving-foreclosures-in-the-home-flipping-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/149386\/","title":{"rendered":"Private Credit Loans Are Driving Foreclosures in the Home Flipping Market"},"content":{"rendered":"

Dave Diaz notices the telltale signs when he pulls up to the house in his GMC pickup. A soggy work permit rots in a display case. A coffee cup and a Pepsi can sit on a wall, abandoned, as if workers had fled to find cover in a storm. The home, like one every block or two in this Southwest Florida neighborhood called Gator Circle, is unfinished.<\/p>\n

Diaz, a builder, works here in Cape Coral, a city of 230,000 with a once-hot real estate market that\u2019s gone cold. Cheap financing and a burst of real estate buying during the Covid pandemic<\/a> drove the boom. At the same time, a new kind of lending let regular people\u2014doctors and physical therapists alike\u2014invest in homes. \u201cThe whole world had come here to profiteer,\u201d Diaz says.<\/p>\n","protected":false},"excerpt":{"rendered":"Dave Diaz notices the telltale signs when he pulls up to the house in his GMC pickup. A…\n","protected":false},"author":2,"featured_media":149387,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[558,209,211,210,72208,6103,28,838,10735,72209,72210,72207,47324,480,72211,3457],"class_list":["post-149386","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cape-coral","tag-business","tag-cape-coral","tag-cape-coral-headlines","tag-cape-coral-news","tag-circle","tag-cities","tag-florida","tag-home-prices","tag-interest-rates","tag-kkr-co-inc","tag-markets-magazine","tag-private-credit","tag-private-equity","tag-real-estate","tag-the-big-take","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/149386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=149386"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/149386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/149387"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=149386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=149386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=149386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}