The former Union Bank building in the heart of San Francisco’s financial district, located at 350 California Street, was auctioned off last week. The winning bid was $65 million, roughly 75 percent...

The cost of interest-rate hedges, which are mandatory for most floating-rate commercial real-estate loans, is soaring.

Blackstone real estate investment trust (BREIT), which recently made news for exercising a clause that restricted owner withdrawals for several consecutive months, has not taken the news lying down....

Berkshire Hathaway vice-chair foresees pain in FT interview, but says it will not be as severe as 2008

The CEO of Starwood Capital Group believes rate hikes are inflicting unnecessary damage to real estate and regional banks, which are worth saving.

Microsoft is the latest tech giant to scale down their presence in the city with Meta and LinkedIn both subletting space in recent months and office vacancy rates at an all time high.

An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property ventures.

Higher interest rates, an uncertain economy and remote work pile pressure on office space owners

Empty downtown offices are collapsing in value, raising the risk of defaults and a punishing hit to the city’s tax base.

Economists at the National Bureau of Economic Research studied 35,253 outstanding commercial real estate loans with $825B in aggregate value

Regional banks loaded up on commercial real-estate loans and investments that are now a looming danger—and their exposure is more substantial than it appears.

Many regional banks say their troubled loans are on the rise as commercial borrowers show more signs of strain.

350 California Street was worth $300 million four years ago. It might sell for 80% less now, brokers say, in a market where office vacancy rates have soared.

Private equity group already contending with investors wanting to pull cash from Breit

There are 22 active commercial mortgage-backed securities loans for hotels in San Francisco maturing in the next two years.

The commercial real estate industry is in the throes of a painful adjustment to higher borrowing costs and lower occupancy rates.

Explore property records for 850 HARTFORD TPKE Waterford CT 06385 APN: 92325000287800 on Crexi.com. Get instant access to ownership info, location details, and more.

Deutsche Bank AG is trying to offload up to $1 billion in US commercial property loans off its balance sheet, just as rising interest rates have dented profits in its real estate portfolio, according...

Commercial real estate owners in hubs like New York, San Francisco, and Hong Kong are handing keys back to lenders for properties worth less than the debt secured against them.

Distressed investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market.

Slowing home sales and a return to the office have resulted in fewer new customers.

Spike signals revitalization, Attom report shows

The owners of a number of high-end properties recently defaulted on their mortgages, highlighting the financial strain from rising interest rates and vacancies. 

Apartment buildings rose in value for years, but surging interest rates loom over the sector’s property owners now.

(Bloomberg) -- Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, according to Jones Lang LaSalle Inc. That leaves a...

Brookfield has defaulted on three towers, while other landlords have sold for a loss or face foreclosure.

Commercial real estate could face the next crisis of confidence after last month’s jitters in the banking system, according to Paul Marshall, who leads one of the world’s biggest hedge fund firms.

Pacific Investment Management Co. expects more regional bank failures in the US because of a “very high” concentration of troubled commercial real estate loans on their books.

The legendary Oaktree Capital investor sees a reckoning ahead for commercial real estate and highly leveraged companies.

As many as 30 of San Francisco's hotel could fall into foreclosure as massive loans come due over the next two years and revenue remains in decline.

Moody’s Analytics study finds $5.6B of CMBS office maturities failed to pay off in 2023 and more are on the way in ’24.

Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate up by 34 basis points from June to 3.93%, a report by credit...

Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, according to Jones Lang LaSalle Inc. That leaves a gap of as much...

The Reagan White House moved to lower tax rates for developers in the 1980s and then years of low interest rates glutted downtowns with office buildings. Time's up.

The value of the 41-story EY Plaza office building has dropped from $446 million three years ago to $211 million this month

The distress rate for commercial real estate CLOs climbed from 7.4 percent in late 2023 summary to 10.2 percent in the 2024 first quarter.

Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit.

Investors have punished the stock of NYCB so far this month. To know why, it helps to understand the changing economics of a New York City staple: the rent-stabilized apartment building.

A drop in demand for office space puts buildings at risk of becoming 'zombies,' a new report says.

Hertz Properties reports financial trouble on 11 buildings

JER Investors Trust Inc., a mortgage REIT, filed for bankruptcy in the latest sign of distress in commercial real estate.

Vacancy rates are at near-two-decade highs, and there are growing concerns that defaults and devaluations could ripple through the economy.

Barry Sternlicht’s Starwood Capital Group is in default on a $212.5 million mortgage backed by an Atlanta office tower, another sign of mounting distress in US commercial real estate.

Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market