The pandemic helped push about $146 billion of commercial real estate into distress or serious risk of bankruptcy last year, according to Real Capital Analytics.
The mall formerly known as the Fashion Outlets of Las Vegas was auctioned off this week for $1.525 million.
By December, the city’s apartment investors were behind on $395 million in debt backed by mortgage bonds.
Columbia Sussex Group is in foreclosure on three hotels and is prepared to surrender two others to the lender.
The organization believes a new infrastructure bill, the fate of the GSEs and a version of TRIA for pandemics should be on Congress’ agenda.
From Stephen A. Schwarzman’s What It Takes to Vicky Ward’s The Liar's Ball, here are 17 of the more prominent books about commercial real estate.
The CLO market is beginning to see more issuance, though the volume trails considerably behind last year’s.
Experts expect a “second storm” as forbearance periods expire and borrowers are forced to act.
The transaction is being referred to as a “resecuritization” in deal documents seen by Bloomberg.