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JP Morgan Chase and Wells Fargo have upped their reserves in preparation of taking losses tied to loans on office buildings, reports Bloomberg. Blackstone’s non-traded REIT posted its strongest month in more than a year, according to Commercial...
Banks are granting mortgage borrowers extensions and modifications and offering investors perks to purchase defaulted loans, among other measures, to limit distress in the commercial property market, reported U.S. News & World Report. Sequoia...
While the loan assumption process is not for the faint of heart, the effort and cost it takes to complete can quite possibly result in underlying financing that is far more favorable than where debt markets have gone today.
