Tag: CRE

Wells Fargo Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate office loan portfolio.  “We’ve ...

International Workplace Group (IWG), one of the leading global providers of flexible office spaces, has repurchased £10.8 million of its £350 million convertible bonds due in 2027. The bonds were ...

Britain’s commercial property market is returning to life after its post-pandemic freeze, albeit largely at much lower prices. Some big-ticket office properties now on sale will show just where the ...

In many markets, desk rates remain below 2023 levels when comparing the same time periods.  

Organizations are cautiously optimistic about the future, according to JLL’s latest Global Future of Work survey.  The survey highlights that more than 60% of decision-makers expect workplace utilization to increase ...

The beleaguered U.S. office property market may be bottoming out, analysts told Reuters, pointing to a string of sales of stressed properties at big discounts over the last quarter that ...

September saw a significant rise in commercial mortgage-backed securities (CMBS) delinquency rates particularly within the office and retail.   Wolf Street reports that office CMBS delinquencies soared to 8.4% — a ...

New data reveals the increasing influence of hybrid work environments on how business leaders approach traditional workplaces. Nearly half (49%) of the corporate real estate executives surveyed in CBRE’s 2024 ...