Tuesday, November 19, 2024
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commercial real estate

European Banks’ Commercial Real Estate Exposures ‘Visibly Deteriorating,’ ECB Finds

(Bloomberg) -- Banks in the euro region have about €1.3 trillion ($1.4 billion) in outstanding loans to commercial real estate...

German Banks Start to Cut US Office Loan Exposure That Caused Bond Turmoil: Credit Weekly

(Bloomberg) -- German banks are cutting legacy US office loan exposure after concerns about commercial real estate losses led to...

Another bad quarter for NYCB shows CRE problems are not yet behind banks

Regional lender New York Community Bancorp (NYCB) offered a new reminder Friday that commercial real estate problems are not totally...

Rockefeller Center’s Bond Marks Biggest CMBS Sale Since 2021

(Bloomberg) -- A behemoth $3.4 billion bond sale backed by Rockefeller Center, one of New York City’s real estate crown jewels, wrapped up on...

California PG&E customer tried to reduce his energy bill but discovers he’d been sent wrong bill for 18 years

Imagine doing everything in your power to reduce your mysteriously high energy bill — to the point where you’re turning off the breakers every...

Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall

(Bloomberg) -- Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year,...

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