The pandemic has given banks further impetus to downsize and preserve cash.

Issues of cost, access, logistics and employee privacy mean that COVID-19 tests aren’t part of most back-to-work plans.

Delinquencies mount, but so far the distressed investment opportunities have yet to materialize for the mountain of cash that is awaiting them, Bisnow reports. Angelo Gordon & Co. has raised more than $1.5 billion for a new European investment...

The transition generally impacts lenders and borrowers on floating rate debt.

Move-ins are continuing to decelerate for the sector, but the pace has now slowed.