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Distress Descends On Office Market - Special Report | TRD Explains

Name: Distress Descends On Office Market - Special Report | TRD Explains
Uploaded: 2023-02-23T22:40:12Z
Description: This year has brought distress to the door of some of the biggest players in the office market. In the latest blow to the sector, PIMCO-owned Columbia Property Trust reported it defaulted on $1.7 billion of loans on seven office buildings in New York, San Francisco, Boston and Jersey City.

2/23/2023, 10:40:12 PM

This year has brought distress to the door of some of the biggest players in the office market. In the latest blow to the sector, PIMCO-owned Columbia Property Trust reported it defaulted on $1.7 billion of loans on seven office buildings in New York, San Francisco, Boston and Jersey City.