Trepp
CMBS Delinquencies Push to 7.46% Overall as Office Market Hits a Record 11.76%
All major property types see rising stress in October, with multifamily topping 7 percent for the first time since 2015 The latest readout...
Brookfield’s Downtown LA Empire Crumbles as 1.4MM SQFT Bank of America Plaza Debt Hits Market
Latest distressed offering signals deepening crisis in nation’s most troubled office market Another trophy tower in Brookfield Asset Management’s downtown Los Angeles portfolio...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
Historic Santa Monica Clock Tower Faces Financial Crisis as Office Market Struggles
Century-old Art Deco landmark’s $26.7 million loan enters special servicing amid plummeting occupancy and cash flow The Santa Monica Clock Tower, a 12-story...
Goldman Sachs: Office Property Mortgages Are A Ticking Time Bomb in the U.S. Banking Sector
In a recent report by Goldman Sachs, a stark warning was issued about the state of office mortgages in the United States, describing...
Commercial Real Estate Luminary Manus Clancy Joins LightBox Senior Management Team
Clancy will spearhead the firm’s CRE data innovation program IRVINE, Calif., Jan. 12, 2024 /PRNewswire/ — LightBox, the leading provider of commercial real estate information,...
Onni Group Faces Challenges with $408MM Loan Linked to Wilshire Courtyard Office Complex
By The Registry Staff Onni Group, a Vancouver, Canada-based real estate developer, is encountering difficulties related to its substantial $408 million loan tied...
