Consumer stress is climbing, but Raymond James analyst Brian Vaccaro still likes Shake Shack and other restaurants. He notes that "casual-dining demand.
Office-Tower Bonds Are Wildly Popular Despite Quiet Downtowns msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Office-Tower Bonds Are Wildly Popular Despite Quiet Downtowns About a third of all of this year’s CMBS loans tied to single properties helped finance class-A office towers in urban centers. Bloomberg | Apr 14, 2021
(Bloomberg) Investors are pouring money into bonds backed by U.S. offices, shrugging off concerns about whether workers will ever fill them up like they did before the pandemic.
About a third of all of this year’s commercial mortgage backed securities tied to single properties nearly $4 billion in total have helped finance prime office towers in large city centers, according to data compiled by Bloomberg. That’s despite the fact that Covid-19 has eviscerated demand for office space, decimating rents and slashing valuations.