defaults


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Pacific Oak’s Keith Hall and Savanna’s Christoper Schlank with 110 William Street

Pacific Oak Capital, Savanna default on 110 William Street

A Lower Manhattan office building that has lost several notable tenants in recent years is in financial distress. Pacific...

Pacific Oak Capital, Savanna default on 110 William Street
Shimao Group chairman Hui Wing Mau (Shimao Group, iStock, LoopNet)
National Weekend Edition

China developers owe $13B in USD bond payments this year

Property developers in China face $13 billion of foreign currency bond payments through the end of this year. About...

China developers owe $13B in USD bond payments this year
80 South Street and Oceanwide Holding's Lu Zhiqiang (ATCHAIN, Getty)

Oceanwide loses control of Manhattan supertall site

Oceanwide Holdings has lost control of a Manhattan development site where it planned to build a 1,500-foot skyscraper. The...

Oceanwide loses control of Manhattan supertall site
Photo illustration of Aliz Hotel at 310 West 40th Street (Google Maps)

From lender with love: Bond-themed hotel sued for $40M

It’s a view to a bill: A lawsuit says a Midtown hotel with a James Bond-themed bar owes $40...

From lender with love: Bond-themed hotel sued for $40M
Apollo Commercial Real Estate Finance CEO Stuart Rothstein and RedSky Capital principal Benjamin Bernstein (Credit: Apollo and ICSC)

Brooklyn development’s $150M loan falls into default

A $154.6 million loan for a Brooklyn development site has fallen into default, according to Apollo Commercial Real Estate...

Brooklyn development’s $150M loan falls into default

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