Distressed Debt


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Distressed real estate investors are digging through commercial mortgage-backed securities to seize, fix and flip troubled properties. (iStock)

Distressed investors tap throwback strategy, target CMBS

Distressed real estate investors, short on troubled properties, have turned to a crisis-era favorite to suss out potential deals:...

Distressed investors tap throwback strategy, target CMBS
Cerberus Global Investments President Lee Millstein

Cerberus raises nearly $3B for new real estate fund

Cerberus Capital Management has raised about $2.8 billion for a new real estate fund — exceeding its target of...

Cerberus raises nearly $3B for new real estate fund
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