KKR Mortgage REIT Plunges as Commercial-Property Woes Mount
KKR Real Estate Finance Trust Inc., which invests in commercial mortgages, slumped after slashed its dividend to help it deal with souring loans.
KKR Real Estate Finance Trust Inc., which invests in commercial mortgages, slumped after slashed its dividend to help it deal with souring loans.
China's economic landscape is confronting a crisis of unprecedented magnitude, with its real estate sector at the epicenter.
Concerns mounting over regional banks' preparedness for potential downturns in commercial real estate, highlighted by the financial distress of NYCB.
CEO of a top financial services firm is sounding the alarm over a "very ugly" real estate market in the next two years.
National Association of Realtors President Tracy Kasper has resigned after receiving a blackmail threat, the trade group said.
Property sector shows fresh signs of distress.
Emergency lending by the US federal authorities has bathed America’s struggling regional banks in short-term liquidity.