The bill on past-due commercial property loans surpassed $19.1 billion in April Delinquencies on office loans rose to 6.4% in April - the highest level since June 2018 - as the payoff rate among ...
The office violated rules, including not ensuring employees disclosed or got approval for outside jobs, according to the ...
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Despite strong deal metrics, a recently booked loan involving a Boston office building has lead to headaches for Westerly, Rhode Island-based Washington Trust. Usually, banks aren't penalized for ...
When prominent entrepreneur Jigar Shah took over as head of the Energy Department’s Loan Programs Office in 2021, he had one primary mission: To get “dollars out the door.” Now the office, which ...
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Audit: One-in-five employees at Energy Department loan office had potential conflicts of interest
During budget hearings in May, Energy Secretary Chris Wright warned that the Biden-Harris administration was pushing out ...
BrightSpire Capital is benefiting from higher interest rates, but economic stress may cause some loans to default, particularly in the office property sector. I believe the market has priced in a ...
The Biden administration’s green loan office is shelling out nearly $23 billion to utility companies for green energy development and other projects in its final days. “On January 16, 2025, LPO ...
Some 88.9% of CMBS loans associated with office properties defaulted at their maturity in September, while 11.1% were paid off during the month and none were extended or modified, according to Moody's ...
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