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Lenders to commercial real estate owners are reaching the breaking point, calling in tens of billions of dollars of troubled loans. Refinancing property debt has become difficult since interest rates ...
Money-losing sales of loans secured by offices and other types of struggling commercial real estate are gaining momentum. Banks in particular appear to be offering to sell substantially more loans ...
Nearly 20% of outstanding debt on US commercial and multifamily real estate — $929 billion — will mature this year, requiring refinancing or property sales. The volume of loans coming due swelled 40% ...
About two dozen banks in the US had portfolios of commercial real estate loans in late 2023 that federal regulators indicated would merit greater scrutiny, a sign more lenders may face pressure from ...
Delinquencies on U.S. office loans hit record highs, but a diverse field of competing lenders and a boom in health care and ...
The volume of commercial mortgages at least 30 days late on payment soared past total reserves held by the largest US banks last year. Citing data from the Federal Deposit Insurance Corporation, The ...
Blackstone shows no signs of slowing its roll through the commercial real estate debt market. The company bought $2 billion worth of performing commercial real estate loans from Virginia-based ...