default

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

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

By Brian Pascus
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225 Park Avenue South.
Finance  ·  Distress
New York

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

By Brian Pascus
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25 Broadway.
Finance  ·  Distress
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.
Finance  ·  Analysis
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.
Finance  ·  Distress
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  ·  Analysis
Washington DC

How Default Risk Triggers Credit Downgrades

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

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

By Brian Pascus
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