5/2/2024 9:20:05 PM Banks’ ‘broken’ model ramps up property challenges, lender says By Sarah Wolter The Federal Reserve’s interest rate hikes have crimped transactions and pressured landlords — particularly owners of office buildings...
5/2/2024 9:16:26 PM Office-loan defaults near historic levels with billions on the line By Sarah Wolter More than $38b of U.S. office buildings are threatened by defaults, foreclosures or other forms of distress, according to data firm MSCI....