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Losses Pile Up in Top-Rated Bonds Backed by Commercial Real Estate Debt

Losses Pile Up in Top-Rated Bonds Backed by Commercial Real Estate Debt
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Even AAA-rating can t save investors from commercial real estate losses – Orange County Register

Property investors should expect more losses on bonds originally rated AAA in the months to come.

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Equity Resource Hands Brooklyn Storage Facility to Its Lender for $47M

A private equity firm handed a 1,378-unit self-storage facility in Brooklyn over to its lender for $46.9 million in a foreclosure auction.

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Zombie offices spell trouble for some banks, Property

Zombie offices spell trouble for some banks, Property
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Zombie offices spell trouble for some US banks, Property

Zombie offices spell trouble for some US banks, Property
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

United statesUniversity of southern californiaSan franciscoNational bureau of economic researchJerome powellHarold bordwinJanet yellenErica xuewei jiangLonnie hendryLos angelesTomasz piskorskiTreasury departmentSignature bankYork community bankFederal reserveColumbia business school