Fortress Investment Group has initiated a series of significant foreclosures against the Cohen Brothers' real estate portfolio, marking one of the largest U.C.C. foreclosures in history. The actions include a nearly $1 billion foreclosure encompassing assets such as a South Florida hotel and New York office space. Additionally, JPMorgan Chase foreclosed on 'The Foundry' building in Georgetown, Washington D.C., purchasing it for approximately $20 million, which is just over one-third of its outstanding $58 million mortgage. The building was originally bought in 2014 for $80 million.