Commercial real estate lending plunged 53% last quarter as sector hits a 'logjam'

Tech Insider
commercial real estate

Kena Betancur/VIEWpress

Many offices buildings are going to be 'obsolete' and losses are headed for banks and investors holding real estate debt, property exec says

Tech Insider
LinkedIn NYC Office, Empire State Building

Robert Libetti/ Business Insider

Big US banks are reportedly trying to dump commercial real estate loans - but buyers are scarce as pressures mount for property markets

Tech Insider
commercial real estate
Commercial real estate is under rising pressure from higher interest rates and falling property valuations.

Kena Betancur/VIEWpress

Billionaire Barry Sternlicht's firm just defaulted on a $200 million office mortgage amid mounting commercial-property stress

Tech Insider
Barry Sternlicht
Barry Sternlicht, Chairman and CEO, Starwood Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022.

PATRICK T. FALLON/AFP via Getty Images

Commercial real estate lending fell for the first time in 2 years last month as credit conditions tighten

Tech Insider
commercial real estate

Kena Betancur/VIEWpress

Commercial real estate lending plunged 56% last quarter as 'logjam' of uncertainty clogged the market

Tech Insider
empty office space
A demonstrator from the Occupy movement stands in an empty unfinished office in the recently occupied building owned by banking giant UBS, in the City of London.

Reuters/Luke MacGregor

Brace for a real-estate recession as commercial property will be the next domino to fall in the US, says top Guggenheim and Apollo execs

Tech Insider
Office building at 263 Old Country Road in Melville, NY, available for rent for over a year on April 17, 2023.
A vacant office building in Melville, New York.

Photo by Howard Schnapp/Newsday RM via Getty Images

A credit crunch could more than double the rate that some US companies default on their debts, Societe Generale says

Tech Insider
worried trader

REUTERS/Kai Pfaffenbach

The commercial real estate market is wobbling, and 2 of the largest players are feeling the pain of higher rates and tighter credit

Tech Insider
puerto rico
A billboard announces office space and parking for sale in San Juan, August 31, 2013.

REUTERS/Alvin Baez

Mohamed El-Erian warns of recession, Fed-triggered financial accidents and commercial real-estate's 'moment of truth'. The top economist told us why, in an exclusive interview.

Tech Insider
mohamed el-erian pimco
Mohamed El-Erian.

REUTERS/Fred Prouser

Subscribe to commercial real estate market