Landlords With $1.2 Trillion of Debt Face Rising Default Risks
About $1.2 trillion of debt on US commercial real estate is “potentially troubled” because it’s highly leveraged and property values are falling.
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China Shadow Bank Misses Dozens of Payments, Sparking Protests
One of China’s biggest shadow banks skipped payments on several investment products, sparking rare protests in Beijing.
A Record Share of Americans Think It's a Bad Time to Buy a Home
A record number of Americans believe it's a bad time to buy a home, even though many are feeling good about their financial situations.
Property Loans Are So Unappealing That Banks Want to Dump Them
Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit.
A 5% US Mortgage Rate Is Seen as Tipping Point to Unlock Supply
US homeowners are nearly twice as willing to sell if their mortgage rate is 5% or higher, but just one in five mortgaged homes meet that criteria.
Cerberus, Highgate Miss Payments on $415 Million Hotel Mortgage
Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels.
Crowdfunded Real Estate Deals Unravel as Funds Vanish
Investors who together put up $63 million to buy pieces of Atlanta and Miami commercial real estate have allegedly seen their funds disappear.
