The bill on past-due commercial property loans surpassed $19.1 billion in April Delinquencies on office loans rose to 6.4% in April - the highest level since June 2018 - as the payoff rate among ...
Despite strong deal metrics, a recently booked loan involving a Boston office building has lead to headaches for Westerly, Rhode Island-based Washington Trust. Usually, banks aren't penalized for ...
The outlook is ugly, and the numbers are even uglier. A new paper from four economists at the National Bureau of Economic Research argues that 14 percent of the $2.7 trillion commercial real estate ...
“Survive until 25” has become a mantra for landlords who are hanging onto buildings by their fingernails and praying for rate cuts soon. While it is well understood that many offices are a lost cause, ...