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37 Westminster Buildings, Theatre Square,
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San Francisco Office Market Shows Signs of Life
Sales are slowly materializing as some sellers are finally accepting much lower prices. Source link
WeWork Taps Directors With Bankruptcy Chops After Board Resignations
WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of
WeWork Raises Doubt About Its Survival
WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid
London's Canary Wharf Takes Brunt of Real-Estate Pain
Empty offices, remote working and corporate tenants fleeing to buzzier parts of the U.K. capital are all hitting the 30-year-old business district. Source link
Billions in Signature Bank Debt to Be Sold by Newmark
FDIC to tap the real-estate firm to market about $60 billion in the failed lender’s loans, adding pressure the commercial property market. Source link
Distress in Office Market Spreads to High-End Buildings
The owners of a number of high-end properties recently defaulted on their mortgages, highlighting the financial strain from rising interest rates and vacancies. Source link
