Cheryle PowellFeb 165 minLate Mortgage Payments Pile Up for Giant Apartment LenderArbor Realty loans funded a Sunbelt apartment boom. Many of its borrowers are now struggling with higher interest rates. By Konrad...
Cheryle PowellFeb 153 minAbout $929 billion commercial mortgages will mature this year—and it’s just another sign of the impending commercial real estate downfallBY SYDNEY LAKE February 14, 2024 at 5:41 AM GMT+8 There have been several signs in the past couple of years that commercial real estate...
Cheryle PowellFeb 155 min‘Office is toxic’: Cranes disappear nationwide as commercial real estate crunch hits downtownsBYISIS ALMEIDA, MIRANDA DAVIS AND BLOOMBERG February 13, 2024 at 9:51 PM GMT+8 It’s a stark turnaround for the Windy City and a sign of...
Cheryle PowellFeb 158 minMassive Office Tower Losses Reveal Hidden Risks Across the GlobeBy Natalie Wong and Patrick Clark (Bloomberg) -- The shakeout in the $20 trillion US commercial real estate market has long been delayed...