The risk of default in the commercial real estate market is growing as office and retail property valuations could drop by as much as 40% while nearly $1.5 trillion in debt is due for repayment by the ...
Crown Commercial Real Estate and Development, run by Loop landlord Musa Tadros, filed for bankruptcy with a $22 million mortgage on the line. Crown Commercial filed in the Northern District of ...
Oct 18(Reuters) - A number of U.S. banks saw continued pain in the third quarter on delinquent commercial real estate (CRE) loans in their portfolios, as stress in the sector persists. Building owners ...
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