Bloomberg

“Just because you’re not seeing bankruptcy filings doesn’t mean there isn’t distress,” says Mark Kronfeld, a managing director with BlackRock.

James Patchett is becoming CEO of multifamily owner and operator A&E Real Estate.

Even as COVID-19 has crushed local CRE values, developers are making big bets NYC will rebound.

The sale would mark the largest real estate transaction in Australia in five years.

The pact allows for Libor to automatically be yanked from hundreds of trillions of dollars of interest-rate swaps, futures and options and replaced with another rate.

The retailer was late to embrace online shopping. But it’s now making a bold wager on robotics.

Debt-burdened Hospitality Investors Trust Inc., which owns about 100 hotels, is in talks for a takeover by Brookfield Asset Management.

About a third of all of this year’s CMBS loans tied to single properties helped finance class-A office towers in urban centers.