The Times Square Edition hotel, once valued at more than $2 billion, is about to inching closer to foreclosure.
RealtyTrac looks at 10 U.S. counties that are at high risk of defaults among their single-family rental properties.
The firm sees increasing opportunities in the commercial real estate debt space.
The investment bank will advise the REIT on options for a $1.5 billion revolving credit facility that comes due in July.
A number of big name firms are moving money into loans and notes that offer floating interest rates.
The mortgage lending company counts an affiliate of Apollo Global Management as its controlling shareholder.
The company is seeking the capital in combination of debt and equity.
Even amidst a pandemic, there is no shortage of capital sources for the right sponsors.
In addition to the pandemic, some blame the rise of co-working space and growing tenant demand for greater flexibility for driving shorter lease terms.
Focus is zeroing in when various Libor rates will expire.