default

Per Moody's, the banking system remains safe, even as CRE office loans default at a 70% clip.
Industry · Finance
National

Report: Fears of Bank Loan Portfolios Overstated, but 70% Office Loans To Default

By Brian Pascus
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Harlequin Plaza, 7600 East Orchard Road, Greenwood Village, Colo.
Finance
Colorado

$28M CMBS Loan Secured by Colorado Office Enters Special Servicing

By Brian Pascus
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225 Park Avenue South.
Finance
New York City

$235M CMBS Loan Backed by Park Avenue South Assets Hits Special Servicing

By Brian Pascus
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25 Broadway.
Finance
New York City

$250M CMBS Loan Secured by 25 Broadway Office Building Defaults

By Brian Pascus
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Office markets like downtown Los Angeles have experienced significant office distress tied to CMBS loans.
Office · Finance
National

Report: 80 Percent of CMBS Office Loans At Risk of Default or Workout in 2024

By Brian Pascus
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A view of the Helmsley Building. The Building was completed in 1929 in the Art-Deco and Beaux-Arts style by the Warren and Wetmore firm.
Industry · Finance
New York City

CMBS Loan Backed by RXR’s Iconic Helmsley Building Sent To Special Servicing

By Brian Pascus
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US President Joe Biden meets with US House Speaker Kevin McCarthy (R-CA) (L) about the debt ceiling, in the Oval Office of the White House in Washington, DC, on May 22, 2023.
Finance
Washington DC

How Default Risk Triggers Credit Downgrades

By Brian Pascus
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RXR Chairman and CEO Scott Rechler
Office · Finance
New York City

RXR Defaults on $240M Loan for 61 Broadway Office Tower

By Brian Pascus
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