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Starwood's Barry Sternlicht
National

Starwood wheels and deals to fix $800M loan default

In November, Barry Sternlicht touted Starwood Property Trust’s stash of dry powder and the strength of its hotel business....

Starwood wheels and deals to fix $800M loan default
M&T Bank's Darren King

A fifth of M&T’s office loans in danger of default

As rising rates bear down on commercial landlords with loans coming due, M&T Bank reported early signs of distress...

A fifth of M&T’s office loans in danger of default
Wells Fargo puts the brakes on mortgage business
National

Wells Fargo puts the brakes on mortgage business

Wells Fargo, a once-dominant player in the U.S. mortgage market, has begun its significant retreat from the sector. The...

Wells Fargo puts the brakes on mortgage business
Estate Partners' David Aviram, FIA Capital Partners' David Goldwasser and Steve Croman (LinkedIn, Google Maps, Getty)

Steve Croman: I was duped by predatory lender

Karma has come for Steve Croman. The bane of countless New York City tenants — and some lenders —...

Steve Croman: I was duped by predatory lender
Signature's Joseph DePaolo (Getty, Signature)

FTX crash could hit Signature’s multifamily lending

Days after FTX crashed, taking billions in customer investments down with it, New York’s Signature Bank tried to calm...

FTX crash could hit Signature’s multifamily lending
JPMorgan Chase's Jamie Dimon, Deutsche Bank's Christian Sewing and Barclays' Nigel Higgins (JPMorgan Chase, Deutsche Bank, Barclays, Getty)
National

Office lenders looking for an off-ramp

Is the other shoe about to drop on commercial real estate? Just in case it is, prominent lenders for commercial properties, especially offices, are exploring sales of their loans in cities with low demand,...

Office lenders looking for an off-ramp
Signature Bank’s Joseph DePaolo

Signature’s CRE loan growth defies rising rates

Signature Bank’s commercial real estate arm led overall loan growth in the company’s third quarter, a sign that rising...

Signature’s CRE loan growth defies rising rates

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