See How Commercial Real Estate Deals Are Being Cut As Debts Mount
Office properties and other assets are underwater. As trillions of dollars of debt expirations loom, borrowers and lenders seek to stave off calamity.
Source: businessinsider.com
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Top News In Workspace Property Today - Breaking & Trending Today
Iron Hound Carves Niche in Navigating Lengthy CMBS Workout Process
Iron Hound Management is playing a critical role in helping commercial real estate borrowers restructure CMBS loans in a choppy market.
Source: commercialobserver.com
Workspace Property Trust Secures Refinancing on $1.3B CMBS Loan Portfolio – Commercial Observer
Workspace Property Trust secured a two-year extension for $1.3 billion worth of loans backed by a 146-building portfolio of suburban offices
Source: commercialobserver.com
CRE Loan Distress Declines in Most Large Metro Areas
Commercial real estate distress rates improved in May in most of the 50 largest metropolitan statistical areas tracked by CRED iQ.
Source: commercialobserver.com
CMBS Delinquency Rate Jumps 7 Percent in May
The CRED iQ CMBS delinquency rate increased in May for the fourth consecutive month to 4.2 percent.
Source: commercialobserver.com