Amid a slipping occupancy rate in the property, the 354,604-square-foot building’s loan was transferred to special servicing “due to imminent monetary default,” Trepp wrote in its report. The Prince ...
Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space. By Matthew Goldstein and Emily Flitter Small ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Three years after Signature Bank collapsed, a pile of 90 commercial mortgages totalling $373 million that it left behind is close to being sold to institutional investors.
Commercial real estate loans are complex. Use our calculator to estimate total costs and compare different commercial mortgage offers. Many, or all, of the products featured on this page are from our ...