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Relics of the Last Property Crash Start to Wobble Again

The troubles highlight how low borrowing costs led many investors to become comfortable holding properties with a tarnished history, betting it would be different this time.

Relics of the Last Property Crash Are Starting to Wobble Again

Relics of the Last Property Crash Are Starting to Wobble Again
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Relics of the Last Property Crash Start to Wobble Again

(Bloomberg) CityPoint, a 36-story office building in London’s financial district, became one of the symbols of the financial crisis when a Beacon Capital Partners Inc. fund missed a payment on loans secured by the property just over a decade ago.Most Read from BloombergEx-Celsius CEO Mashinsky Charged in Latest DOJ Crypto CaseDeSantis Says No Thanks to $377 Million in US Energy FundsFund Titans Are Betting on Everything Gaining Against the DollarSingapore Minister Faces Most Serious Graft Pro

Risk management advisory and technical solutions provider Chatham Financial has appointed Jennifer McLellan as managing director of the global over-the-counter derivative instruments, ISDA and regulatory practice.

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