The company, alongside partners Atalaya Capital Management and Nan Fung Group, will utilize the loan to complete a 900,000-SF, last-mile distribution warehouse facility.

Investors need to look at other indicators.

Moody's analysis shows subtle discounts for retail and hotel but limited evidence of stress for all other sectors.

The transactions total $880 million in real estate value and reflect pricing of around $144,000 per unit.