US Commercial-Property Loans Due to Surge to $929 Billion
A staggering 20% of outstanding debt on US commercial and multifamily real…
China’s Property Crisis Sends Shockwaves Through Global Real Estate Markets
China’s property crisis is sending shockwaves globally as Chinese investors and creditors…
Moody’s Downgrades NYCB to Junk Status Amid Financial and Governance Concerns
Moody's Investors Service has downgraded New York Community Bancorp's (NYCB) credit grade…
Commercial Property Market Strain Extends to Apartments: Challenges for Lenders and Investors
The crevices in the commercial real estate sector are expanding beyond offices,…
Canadian Homebuyers Act Amid Rate Cut Speculations
Canadian homebuyers are exhibiting a sense of urgency in the housing market,…
US Mortgage Rates Dip to 6.63% Amid Federal Reserve’s Steady Stance
In a boon to the housing market, mortgage rates in the United…
US Property Losses Lead to 20% Plunge in Japanese Bank Aozora’s Shares
Japanese lender Aozora Bank Ltd. stunned investors by revealing losses linked to…
Senator Warren Urges Fed’s Powell to Lower Rates to Tackle Housing Costs
Senator Elizabeth Warren and three Democratic colleagues have called on Federal Reserve…
Evergrande Faces Liquidation as China’s Property Crisis Persists
China Evergrande Group, once a symbol of China's property boom, now faces…
Director Betsy Atkins Sells Nearly 10,000 Shares of SL Green Realty Corp
On January 26, 2024, Betsy Atkins, a director of SL Green Realty…