The Rising Level of Pain
May 15, 2023
Fire Sale of San Francisco Office Buildings ContinuesTwo more buildings list for half of what they previously fetched.
May 12, 2023
This is How Bad Tech Office Leasing Has BecomeThere were zero leases signed in four major tech hubs.
May 12, 2023
Even Brookfield Is Feeling the Valuation PressuresWhether a Brookfield or small operator, market forces are having their way on portfolios.
May 09, 2023
San Francisco Office Tower Sold for 75% DiscountWill the fire-sale price become a new benchmark for the beleaguered city?
April 12, 2023
NYC CRE Sales Volume Down 53% in Q1Volumes sink across all asset classes as uncertainty rules.
April 18, 2023
Swiss Re Institute: US CRE Will See Rough Sledding for YearsThe risks probably aren't systemic but will be prolonged.
April 18, 2023
Brookfield Defaults on DC Area Office PortfolioThe $161 million loan backed by more than a dozen buildings goes to special servicing.
April 27, 2023
L&L, Mitsubishi Default on $93M Loan for Metropolitan OfficesMalaise of distressed NYC office assets hits tower on Billionaire's Row.
April 27, 2023
Brookfield's Downtown L.A. Gas Company Tower in ReceivershipLenders Citi, Morgan Stanley get court order clearing way for sale.
May 15, 2023
Mortgage Rates Could Rise to 8.4% if U.S. Defaults on DebtThe higher rates "could send the market into a deep freeze."