Cheryle PowellFeb 165 min readLate Mortgage Payments Pile Up for Giant Apartment LenderArbor Realty loans funded a Sunbelt apartment boom. Many of its borrowers are now struggling with higher interest rates. By Konrad...
Cheryle PowellFeb 153 min readAbout $929 billion commercial mortgages will mature this year—and it’s just another sign of the impending commercial real estate downfallBY SYDNEY LAKE February 14, 2024 at 5:41 AM GMT+8 There have been several signs in the past couple of years that commercial real estate...
Cheryle PowellFeb 155 min read‘Office is toxic’: Cranes disappear nationwide as commercial real estate crunch hits downtownsBYISIS ALMEIDA, MIRANDA DAVIS AND BLOOMBERG February 13, 2024 at 9:51 PM GMT+8 It’s a stark turnaround for the Windy City and a sign of...
Cheryle PowellFeb 158 min readMassive Office Tower Losses Reveal Hidden Risks Across the GlobeBy Natalie Wong and Patrick Clark (Bloomberg) -- The shakeout in the $20 trillion US commercial real estate market has long been delayed...
Cheryle PowellJun 6, 20232 min readMultifamily High-Risk Assessment Refinance, Loan Workout or Sell? Today with the complex and turbulent financial markets, and the rapidly changing real estate...
Cheryle PowellJun 1, 20233 min readSperry Commercial Global Affiliates Launches Commercial Property Resolution TeamIrvine, Calif. (May 30, 2023) -- Sperry Commercial Global Affiliates (SperryCGA), a National commercial real estate firm, has announced...