all Los Angeles city Manhattan

Today news

Donald Trump

About the same in other media

cointelegraph.com

Crypto industry braces for impact with Silvergate exit

10.03 - 00:49

cryptonews.com

Blockchain Industry Gets Boost as US Firms Set to Raise $100 Million For Crypto Fund – Are Institutions Coming Back?

09.03 - 15:43

cryptonews.com

Bankrupt Crypto Lender Celsius Network Pursues New Buyer Despite Existing Offer – What's Going On?

09.03 - 12:45

cointelegraph.com

Brace for BTC price volatility? Bitcoin 'coin days destroyed' metric jumps to 2-month highs

08.03 - 15:11

cointelegraph.com

SEC, CFTC press civil charges against former FTX exec Singh parallel to criminal case

01.03 - 23:13

theguardian.com

Twitter down for more than an hour around world

01.03 - 15:59

ambcrypto.com

Sui Network: Mainnet nears launch, project declares Wave 2 triumph, and more

01.03 - 07:41

Office Landlord Defaults Are Escalating as Lenders Brace for More Distress

Los Angeles city Manhattan

21.02.2023 - 14:43

Reading now: 217

wsj.com:

The number of big office landlords defaulting on their loans is on the rise, fresh evidence that more developers believe that remote and hybrid work habits have permanently impaired the office market.

The giant investment manager Brookfield Asset Management recently defaulted on a total of over $750 million in debt for a pair of 52-story towers in Los Angeles, according to a February securities filing. Real-estate firm RXR is in talks with creditors to restructure debt on 61 Broadway, a 34-story tower in Manhattan’s financial district, according to people familiar with the matter. Handing over the building to the lender is among the options under consideration, these people said.

Office Landlord Defaults Are Escalating as Lenders Brace for More Distress

Related news

Litecoin [LTC] retests support after bearish cycle: Will bulls emerge victorious?

How Schroders, Fidelity, and more overhauled their funds after Russia’s invasion

Sam Bankman-Fried Faces More Charges

Stocks making the biggest moves after hours: Block, Carvana, Boeing and more

Tron [TRX] boasts of metrics, but is there more than meets the eye?

Black families' net worth has grown more than other racial groups since Covid, but wealth gap remains wide

Stocks making the biggest moves midday: Domino's Pizza, Lucid, Nvidia, Nikola and more

Filecoin’s momentum slowed- Are more opportunities for bears likely?

Stocks making the biggest moves premarket: Lucid, Nvidia, Dollar General, Sunrun and more

‘We have to pay more for food’: Britain’s biggest tomato farmer on the runaway costs of growing

Fantom [FTM] expected to bounce, but overall bias remains bearish

More Rate Hikes to Come, According To Latest Fed Meeting Minutes – Here’s What That Means For Crypto

Stocks making the biggest moves after hours: Nvidia, Etsy, Lucid, Bumble, Moderna and more

Stocks making the biggest moves midday: Palo Alto Networks, Coinbase, Dick's Sporting Goods, Amazon and more

Electric Vehicle Charging Solution that Utilizes Crypto Payments Collects More Than $1.5 Million in Presale – Here's How to Get Involved

Stocks making the biggest moves premarket: Coinbase, Palo Alto Networks, Toll Brothers and more

Stocks making the biggest moves after hours: Palo Alto Networks, Coinbase, Toll Brothers and more

Cosmos [ATOM]: Institutional investment drowns as traders eye longs, more inside

Surrey council on brink of insolvency with debts of nearly £2bn

Stocks making the biggest moves midday: Home Depot, DocuSign, General Mills and more

Want to make your staff happier and more productive? Try getting them to work fewer hours