Prices of bonds backed by commercial mortgages have recently dropped to levels not seen since the early days of the pandemic, pointing to a growing economic threat stemming from office vacancies and ...
For the first time since the financial crisis, investors in top-rated bonds backed by commercial real estate debt are getting hit with losses. Buyers of the AAA portion of a $308 million note backed ...
Delinquencies of loans backing CMBS have spiked, with the troubled office sector to blame. Trouble for CMBS bonds is a greater concern than banks' CRE exposure, David Rosenberg said. He warned that a ...
The commercial mortgage bond market is in serious trouble, according to hedge funder John Devaney. The United Capital CEO pointed to woes plaguing offices in particular. Office-backed loans are ...
Commercial real estate fears are overblown, a portfolio manager told CNN. While demand for office spaces has slumped post-COVID, other property types are quite healthy. Commercial mortgage bonds have ...
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Bonds backed by commercial property loans, previously one of the hardest-hit parts of the credit market, have stopped being a major bargain, according to UBS Global Wealth Management. Much of Wall ...
U.S. commercial mortgage-backed securities, bonds that finance hotels, office buildings, apartments and other commercial buildings were on pace for their best year in a decade, according to Deutsche ...
Adds S&P comment on Dalian Wanda Group's liquidity and Dalian Wanda not commenting in paragraph 3 SYDNEY, July 20 (Reuters) - Debts linked to China's biggest commercial property firm Dalian Wanda ...