Distress

Flagstar CEO Joseph Ottling and 130 Fifth Avenue.
Finance  ·  Distress
Texas

Flagstar Sells $343M NYC Loan Portfolio to Lone Star Funds

By Andrew Coen
A shot of the Seattle waterfront and downtown skyline, which has seen its office vacancy spike to 24%.
Finance  ·  Investments & Sales
National

Report: Sales of U.S. Office Buildings Drop 11% in 2024

By Brian Pascus
Capital Markets  ·  Finance
National

CMBS Cap Rates Steadily Increasing

By Mike Haas
Gaby Rosen of RFR and 475 Fifth Avenue.
Finance  ·  Distress
New York City

RFR Secures $160M Recap for 475 Fifth Avenue

By Brian Pascus
Joseph Moinian of The Moinian Group, Morad Ghadamian, and the Hilton Garden Inn at 233-239 West 54th Street.
Finance  ·  CMBS
New York City

Midtown’s Hilton Garden Inn’s $175M CMBS Loan Enters Special Servicing

By Andrew Coen
Capital Markets  ·  Finance
National

CRE CLO Distress Rate Tops 15%

By Mike Haas
Superior Court Tower at 600 South Commonwealth.
Finance  ·  CMBS
California

Jamison Properties’ CMBS Loan Sent Back to Special Servicing, Again

By Brian Pascus
Joseph Chetrit and Meyer Chetrit of Chetrit Group, and the Hotel Bossert in Brooklyn.
Finance  ·  Investments & Sales
New York City

Lender Beach Point Acquires Hotel Bossert in Auction With $120M Credit Bid

By Nicholas Rizzi
Finance  ·  CMBS
National

CMBS Distress Rate Hits Record High of 11.5%

By Mike Haas
Triple Five Group CEO Don Ghermezian and the American Dream Mall.
Finance  ·  Distress
New Jersey

Bonds for New Jersey’s American Dream Mall Miss Payment

By Isabelle Durso
The Fifth Avenue Hotel at 250 Fifth Avenue and Fred Ohebshalom.
Finance  ·  Distress
New York City

Fred Ohebshalom’s Empire Management Avoids Foreclosure at NoMad Hotel

By Isabelle Durso
Finance  ·  CMBS
National

Maturity Wall Grows With $440B Coming Due in Next Two Years

By Mike Haas
Douglas Eisenberg, founder and executive chairman of A&E Real Estate, and the Riverton Houses.
Finance  ·  CMBS
New York City

A&E Faces Pre-Foreclosure on $506M CMBS Loan Tied to NYC Multifamily Portfolio

By Andrew Coen
Aby Rosen and Michael Fuchs, co-founders of RFR Holding and the Chrysler Building.
Finance  ·  Distress
New York City

RFR Officially Evicted From Chrysler Building

By Isabelle Durso
Premium
Douglas Emmett President and CEO Jordan Kaplan, Tishman Speyer CEO Rob Speyer, and Murdock Plaza in Los Angeles (left).
Finance  ·  Investments & Sales
California

Douglas Emmett Acquires L.A. Office Tower in Lieu of Foreclosure

By Nick Trombola
Premium
Bowery Savings Bank at 130 Bowery.
Finance  ·  Distress
New York City

Former Bowery Savings Bank Up for Auction After $26M Sale Fell Through

By Nicholas Rizzi
Premium
Finance  ·  CMBS
National

$36B in CRE Loan Mods Took Place Over the Past 3 Years

By Mike Haas
Premium