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Debt funds could pose risky lifeline for landlords | Crain's Detroit Business

A form of unregulated, high- interest lending that took hold in commercial real estate may end up leaving sour tastes in borrowers' mouths.

Debt funds emerged the last several years as providers of a key, but risky, type of floating rate short-term loan for some local owners and developers. ....

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Office market faces storm as loans mature on prominent buildings

Overall, things are much more difficult today than when those CMBS loans were issued. ....

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Office market faces storm as loans mature on empty buildings

Overall, things are much more difficult today than when those CMBS loans were issued. ....

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Southland Center nearly underwater on debt | Crain's Detroit Business

Southland Center in Taylor is now in special servicing and nearly underwater on its commercial mortgage-backed securities loan. ....

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Real Estate Insider: Sheldon Yellen is reportedly buying the Townsend Hotel. Here are some challenges ahead.

The reported pending sale of the Townsend Hotel in downtown Birmingham to a well-known Oakland County businessman won't be without its challenges moving forward, assuming the deal finalizes. ....

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