Exploring distressed real estate, including investment in debt and equity, loan workout strategies, forbearance, defaults and delinquencies across all property types.
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Both cities ended 2022 with a rising supply of space and leasing demand still far below historical averages, according to reports this week from brokerage CBRE Group Inc. In San Francisco, the office-vacancy rate soared to a record 27.6%, compared...
“There is no denying that climate change is driving losses from natural catastrophes,” Ernst Rauch, chief climate scientist at Munich Re, said in an interview. “Insured losses of more than $100 billion a year are the new normal.”
The Toronto-based firm will “temporarily defer payment” of redemption requests until it’s clearer when borrowers will repay the loans and the fund can get cash from asset sales, according to a letter to investors dated Nov. 8. “Loan payoff...
Officials looking to issue debt to rebuild and also bolster infrastructure against the risk of increasingly severe weather will be doing so during a brutal juncture for the bond market: ten-year benchmark municipal yields are near the highest...
The values of New York office properties declined nearly 45 percent in 2020 and are forecast to remain roughly 39 percent below pre-pandemic levels due to the persistence of flexible work policies, according to a new study from the National Bureau...
Florida ranks among the most-visited states by both foreign and domestic tourists. Orlando alone welcomed 59.3 million visitors last year. And the state’s tourism industry had been roaring back after two years of pandemic. But Ian, heading...
The Federal Reserve, in tandem with several other government organizations, recently asked the industry for feedback on its new proposal for dealing with troubled loans.
