The Federal Reserve, in its final policy decision of 2023, has signaled a potential shift in monetary policy by forecasting three interest rate cuts in 2024. This announcement comes after...
In what may be a bright spot in an otherwise gloomy commercial real estate outlook, UBS envisions a decelerating U.S. economy leading to significant Federal Reserve rate cuts in 2024....
Blackstone Inc. has emerged as the probable victor in acquiring a substantial $17 billion collection of commercial property loans, part of the Federal Deposit Insurance Corp.’s (FDIC) efforts to sell...
US banks are experiencing a significant rise in delinquent commercial real estate loans, reaching levels not seen in the past 10 years. This uptick is attributed to the compounded effects...
Japanese finance heavy-hitter SoftBank has incurred a staggering $14.4 billion loss due to its investment in the now insolvent WeWork, according to the company's recent financial report for the July-September...