From Rapunzel trapped up in her tower to legions of scream queens hitting high decibels, the damsel in distress trope is long rooted in sweet, helpless characters incapable of staying out of trouble.
Office owners are holding their collective breath as tens of billions of dollars of distress put them in a bind. More than $38 billion worth of office buildings in the country are at risk of default, ...
In-Rel Properties has acquired 7500 Old Georgetown Road, a 16-story office building in Bethesda, Md., in a short sale, Commercial Observer has learned. In-Rel paid $29.85 million, according to public ...
The number of big office landlords defaulting on their loans is on the rise, fresh evidence that more developers believe that remote and hybrid work habits have permanently impaired the office market.
Washington, D.C., is officially the nation's capital of office woe. Nearly three-quarters of office loans in the D.C. area are at risk of default, according to Trepp. Its 72% share of office loans in ...
The share of distressed office loans in commercial property bond deals hit a record high of 15.5% in November, according to CRED iQ. The uptick of distress in office, as well as other property types, ...
Sound the alarms in Houston, because a wave of office distress is starting to ripple through the city amid historically low demand for office space. As of July 25, nearly 1,300 commercial properties ...
About $24.8 billion of U.S. office buildings were in distress at the end of the second quarter, surpassing previous leading commercial real estate laggards—hotels and retail properties. The total ...
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