#  @FCNightingale Nightingale Associates Nightingale Associates posts on X about commercial real estate, debt, auction, investment the most. They currently have [------] followers and [----] posts still getting attention that total [-------] engagements in the last [--] hours. ### Engagements: [-------] [#](/creator/twitter::3067387477/interactions)  - [--] Week [-------] -16% - [--] Month [---------] +184% - [--] Months [----------] +629% - [--] Year [----------] +396% ### Mentions: [--] [#](/creator/twitter::3067387477/posts_active)  - [--] Week [---] +18% - [--] Month [---] +55% - [--] Months [-----] +201% - [--] Year [-----] +1.70% ### Followers: [------] [#](/creator/twitter::3067387477/followers)  - [--] Week [------] +0.91% - [--] Month [------] +5% - [--] Months [------] +17% - [--] Year [------] +29% ### CreatorRank: [-------] [#](/creator/twitter::3067387477/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) [stocks](/list/stocks) [travel destinations](/list/travel-destinations) [countries](/list/countries) [automotive brands](/list/automotive-brands) [technology brands](/list/technology-brands) [fashion brands](/list/fashion-brands) [luxury brands](/list/luxury-brands) [currencies](/list/currencies) [cryptocurrencies](/list/cryptocurrencies) **Social topic influence** [commercial real estate](/topic/commercial-real-estate), [debt](/topic/debt) #124, [auction](/topic/auction) #273, [investment](/topic/investment) #460, [sf](/topic/sf), [china](/topic/china), [new york city](/topic/new-york-city), [los angeles](/topic/los-angeles), [insurance](/topic/insurance), [new york](/topic/new-york) #2282 **Top accounts mentioned or mentioned by** [@dimartinobooth](/creator/undefined) [@triplenetinvest](/creator/undefined) [@bankerweimar](/creator/undefined) [@m3melody](/creator/undefined) [@vladtheinflator](/creator/undefined) [@treppwire](/creator/undefined) [@aryal1994](/creator/undefined) [@danjmcnamara](/creator/undefined) [@realjohngaltfla](/creator/undefined) [@crustytumor](/creator/undefined) [@cxcarroll](/creator/undefined) [@waquoitwonder](/creator/undefined) [@wstpacglenn](/creator/undefined) [@sulam00731161](/creator/undefined) [@jgnuke](/creator/undefined) [@scottbrobinson1](/creator/undefined) [@qianjunbefanis](/creator/undefined) [@doughnuts](/creator/undefined) [@jimmydean197](/creator/undefined) [@xyzqg6](/creator/undefined) **Top assets mentioned** [Marriott International Inc (MAR)](/topic/$mar) [Hertz Global Holdings, Inc Common Stock (HTZ)](/topic/hertz) [Bank of America (BAC)](/topic/bank-of-america) [PacWest Bancorp (PACW)](/topic/$pacw) [Ameriprise Financial, Inc. (AMP)](/topic/ameriprise) [Morgan Stanley (MS)](/topic/morgan-stanley) ### Top Social Posts Top posts by engagements in the last [--] hours ""Every time Ive failed people had me out for the count but I always come back." "I am not the richest smartest or most talented person in the world but I succeed because I keep going and going and going.-Sylvester Stallone #motivation #inspiration #determination" [X Link](https://x.com/FCNightingale/status/1118350207572426752) 2019-04-17T03:07Z 21.1K followers, [--] engagements "How Indianapolis Colts defensive back Kenny Moore saved a dog's life and possibly a young man's life as well. #motivation #inspiration #salvation #redemption #hope https://www.albertbridgecapital.com/drew-views/2019/6/17/stay-in-the-game https://www.albertbridgecapital.com/drew-views/2019/6/17/stay-in-the-game" [X Link](https://x.com/FCNightingale/status/1141187226438705152) 2019-06-19T03:33Z 20.9K followers, [--] engagements ""Every time Ive failed people had me out for the count but I always come back." "I am not the richest smartest or most talented person in the world but I succeed because I keep going and going and going.- Sylvester Stallone #determination #motivation #inspiration" [X Link](https://x.com/FCNightingale/status/1293679964043255810) 2020-08-12T22:45Z 21.1K followers, [--] engagements "Moody's has downgraded the credit ratings of seven real estate giants in China due to concerns over liquidity risks: Greenland Holdings Yango Group China Aoyuan Kaisa Group Shinsun Holdings Group R&F Properties Zhongliang Holdings https://www.firstpost.com/world/moodys-downgrades-credit-rating-of-seven-chinese-giants-move-set-to-make-borrowing-difficult-10072931.html https://www.firstpost.com/world/moodys-downgrades-credit-rating-of-seven-chinese-giants-move-set-to-make-borrowing-difficult-10072931.html" [X Link](https://x.com/FCNightingale/status/1451266503811207175) 2021-10-21T19:17Z 23K followers, [--] engagements "Ma Jianrong chairs Shenzhou International Group of Ningbo which counts Nike and Uniqlo as customers His fortune rose to $12.7 billion this year Garments and textiles are big business for China Exports totaled $140 billion in the first [--] months of [----] https://www.forbes.com/sites/russellflannery/2021/11/03/nike-suppliers-wealth-gains-despite-supply-chain-disruption/sh=8beb36e7cab0 https://www.forbes.com/sites/russellflannery/2021/11/03/nike-suppliers-wealth-gains-despite-supply-chain-disruption/sh=8beb36e7cab0" [X Link](https://x.com/FCNightingale/status/1456111596808384514) 2021-11-04T04:10Z 22.3K followers, [--] engagements "France reported [------] new COVID-19 cases on Friday the highest-ever recorded total as the country prepared for subdued New Year celebrations with many fireworks events cancelled and people told to mask up. #CovidFrance #NewYear2022 https://wtvbam.com/2021/12/31/france-reports-a-record-232200-new-coronavirus-cases/ https://wtvbam.com/2021/12/31/france-reports-a-record-232200-new-coronavirus-cases/" [X Link](https://x.com/FCNightingale/status/1477016299213668355) 2021-12-31T20:38Z 21.2K followers, [--] engagements "Under pressure from authorities Chinese property firm Kaisa Group Holdings Ltd is working furiously to come up with a feasible plan to repay wealth product investors two sources with direct knowledge of the matter said. https://www.reuters.com/markets/rates-bonds/exclusive-chinas-kaisa-pressured-by-local-government-repay-wealth-product-2022-01-07/ https://www.reuters.com/markets/rates-bonds/exclusive-chinas-kaisa-pressured-by-local-government-repay-wealth-product-2022-01-07/" [X Link](https://x.com/FCNightingale/status/1479520174214725634) 2022-01-07T18:27Z 23K followers, [--] engagements "Yuzhou Group said that it will not pay the principal and interest on untendered dollar bonds due on Tuesday and did not make the payment on another bond tranche due on Sunday. The total principal amount due on the notes was close to US$105 million #China https://www.scmp.com/business/banking-finance/article/3164500/chinese-developer-yuzhou-warns-bond-defaults-amid-mounting https://www.scmp.com/business/banking-finance/article/3164500/chinese-developer-yuzhou-warns-bond-defaults-amid-mounting" [X Link](https://x.com/FCNightingale/status/1485778433510711303) 2022-01-25T00:55Z 22.4K followers, [--] engagements "Fitch Ratings - Hong Kong - [--] Feb 2022: Fitch Ratings has downgraded China-based property developer Zhenro Properties Group Limited's Long-Term Issuer Default Rating (IDR) to 'C' from 'B'. https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-zhenro-properties-to-c-on-distressed-debt-exchange-off-rwn-21-02-2022 https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-zhenro-properties-to-c-on-distressed-debt-exchange-off-rwn-21-02-2022" [X Link](https://x.com/FCNightingale/status/1495859669981704197) 2022-02-21T20:35Z 23.5K followers, [--] engagements "PWC resigned as the auditor of Guangzhou R&F on April [--] ceased acting for Shimao a day later Grant Thornton resigned from Kaisa Group Holdings on April [--] Deloitte stepped down at China Aoyuan on January [--] #China #RealEstate https://www.scmp.com/business/article/3176102/pwc-and-grant-thornton-quit-auditors-rf-kaisa-and-shimao-covid-19-controlsutm_source=Twitter&utm_medium=share_widget&utm_campaign=3176102 https://www.scmp.com/business/article/3176102/pwc-and-grant-thornton-quit-auditors-rf-kaisa-and-shimao-covid-19-controlsutm_source=Twitter&utm_medium=share_widget&utm_campaign=3176102" [X Link](https://x.com/FCNightingale/status/1521886885240528896) 2022-05-04T16:18Z 23K followers, [--] engagements "Hormel Foods Corp.'s profit slid in its fourth quarter as consumers bought fewer Jennie-O Turkey and other refrigerated food products. #economy #ConsumerSpending https://www.startribune.com/hormels-stock-falls-on-muted-2023-outlook/600231447/ https://www.startribune.com/hormels-stock-falls-on-muted-2023-outlook/600231447/" [X Link](https://x.com/FCNightingale/status/1598025714560864280) 2022-11-30T18:46Z 21.1K followers, [--] engagements "Celsius Network has just won ownership of the $4.2 billion worth of crypto deposited by its customers according to WSJ. This move now allows the bankrupt platform to use the funds however it wants. #CryptoNews #cryptotrading #Celsius https://www.wsj.com/amp/articles/celsius-network-wins-ownership-rights-to-customer-crypto-deposits-11672865422 https://www.wsj.com/amp/articles/celsius-network-wins-ownership-rights-to-customer-crypto-deposits-11672865422" [X Link](https://x.com/FCNightingale/status/1610843096945655808) 2023-01-05T03:38Z 21K followers, [--] engagements "Sherwin-Williams Co. issued lackluster sales and earnings guidance for [----] as the company braces for macroeconomic pressures to weigh on demand. #economy #recession #recession2023 https://www.marketwatch.com/story/sherwin-williams-issues-soft-2023-guidance-bracing-for-slowdown-271674737106 https://www.marketwatch.com/story/sherwin-williams-issues-soft-2023-guidance-bracing-for-slowdown-271674737106" [X Link](https://x.com/FCNightingale/status/1618699350322053123) 2023-01-26T19:56Z 21.4K followers, [--] engagements "Chemicals giant Dow Inc missed Wall Street estimates for fourth-quarter results; hurt by higher energy costs weaker demand and supply chain disruptions Dow said it would cut about [----] jobs or about 5% of its workforce. #economy #recession2023 https://www.cnbc.com/2023/01/26/dow-is-cutting-about-2000-jobs-or-5percent-of-workforce.htmlutm_content=Main&utm_medium=Social&utm_source=Twitter#Echobox=1674735485 https://www.cnbc.com/2023/01/26/dow-is-cutting-about-2000-jobs-or-5percent-of-workforce.htmlutm_content=Main&utm_medium=Social&utm_source=Twitter#Echobox=1674735485" [X Link](https://x.com/FCNightingale/status/1618799632938827776) 2023-01-27T02:34Z 20.9K followers, [--] engagements ""During the quarter elevated inflation and softening macroeconomic conditions negatively impacted our Global Paper business said CEO David B. Sewell. Westrock removed its FY23 outlook citing uncertain macroeconomic conditions. #economy #recession2023 https://finance.yahoo.com/news/westrock-plunges-q1-earnings-miss-150723081.html https://finance.yahoo.com/news/westrock-plunges-q1-earnings-miss-150723081.html" [X Link](https://x.com/FCNightingale/status/1620867409505837057) 2023-02-01T19:31Z 21.1K followers, [--] engagements "Woodward Inc. a company that designs manufactures and services energy-conversion and control solutions for the aerospace and industrial equipment markets has laid off workers at its Northern Colorado operations. #layoffs #layoffs2023 #economy https://www.reporterherald.com/2023/02/28/layoffs-hit-woodwards-noco-operations/ https://www.reporterherald.com/2023/02/28/layoffs-hit-woodwards-noco-operations/" [X Link](https://x.com/FCNightingale/status/1630969688082481155) 2023-03-01T16:34Z 21.1K followers, [--] engagements "Duke Energy Corp. has laid off more than [---] employees since the beginning of [----] as it strives for more efficiency and responds to the demands of a rapidly changing industry. #layoffs #layoffs2023 #economy https://www.wsoctv.com/news/local/duke-energy-details-layoffs-severance-costs-new-sec-filing/G2WPTJ4NGBFIDLJW2QTTI4TTYY/ https://www.wsoctv.com/news/local/duke-energy-details-layoffs-severance-costs-new-sec-filing/G2WPTJ4NGBFIDLJW2QTTI4TTYY/" [X Link](https://x.com/FCNightingale/status/1630970566755614732) 2023-03-01T16:37Z 22K followers, [--] engagements "Blackstone Inc said on Wednesday it had blocked investors from cashing out their investments at its $71 billion real estate income trust (BREIT) as the private equity firm continues to grapple with a flurry of redemption requests. #CRE #realestate https://money.usnews.com/investing/news/articles/2023-03-01/blackstone-blocked-investor-withdrawals-from-71-billion-reit-in-february https://money.usnews.com/investing/news/articles/2023-03-01/blackstone-blocked-investor-withdrawals-from-71-billion-reit-in-february" [X Link](https://x.com/FCNightingale/status/1630998639408545792) 2023-03-01T18:29Z 21K followers, [--] engagements "Total US bank equity capital is $2.2T Unrealized Loss Estimates: NYU Researchers $1.7T Andy Brenner NatAlliance Securities $1.9T Erica Xuewei Jiang Gregor Matvos Tomasz Piskorski Amit Seru $2.2T #BankingCrisis #FDIC #FederalReserve https://www.gsb.stanford.edu/faculty-research/working-papers/monetary-tightening-us-bank-fragility-2023-mark-market-losses https://www.gsb.stanford.edu/faculty-research/working-papers/monetary-tightening-us-bank-fragility-2023-mark-market-losses" [X Link](https://x.com/FCNightingale/status/1653929009741193216) 2023-05-04T01:06Z 20.9K followers, [---] engagements "KENNEDY-WILSON 8-K Re: Pacwest The Company expects to complete the Transaction with partners. The Company currently expects its total investment in the Transaction to be between 2.5% and 5.0% of the purchase price and future funding obligations. #PACW" [X Link](https://x.com/FCNightingale/status/1660747487563468842) 2023-05-22T20:40Z 18.9K followers, [--] engagements "@Stimpyz1 @danjmcnamara KENNEDY-WILSON 8-K Re: Pacwest The Company expects to complete the Transaction with partners. The Company currently expects its total investment in the Transaction to be between 2.5% and 5.0% of the purchase price and future funding obligations" [X Link](https://x.com/FCNightingale/status/1660749788025954305) 2023-05-22T20:49Z 18.9K followers, [--] engagements "@biancoresearch KENNEDY-WILSON 8-K Re: Pacwest The Company expects to complete the Transaction with partners. The Company currently expects its total investment in the Transaction to be between 2.5% and 5.0% of the purchase price and future funding obligations" [X Link](https://x.com/FCNightingale/status/1661048157814267904) 2023-05-23T16:35Z 18.9K followers, [--] engagements "PacWest Offloads Real-Estate Lending Business To Roc360 Roc360 would take on the companys business operationsits data intellectual property brand and workforce but not Civics previously extended loans or loan-servicing operations. #PACW" [X Link](https://x.com/FCNightingale/status/1661393536959299587) 2023-05-24T15:27Z 18.8K followers, [--] engagements "Blackstone Inc. began talks with its lenders about options on a maturing $309.8 million senior loan on a [---] millionsquarefoot office complex in the River North section of Chicago. [---] N. Orleans St #CRE #commercialrealestate https://www.marketwatch.com/story/blackstone-meets-with-lenders-on-chicago-office-building-an-investment-it-wrote-down-to-zero-last-year-7942e33b https://www.marketwatch.com/story/blackstone-meets-with-lenders-on-chicago-office-building-an-investment-it-wrote-down-to-zero-last-year-7942e33b" [X Link](https://x.com/FCNightingale/status/1661526059097923585) 2023-05-25T00:14Z 20K followers, [--] engagements "EY Plaza is the secondBrookfield-affiliated downtown office towerto be placed in receivership as the office giant's concerns mount in Los Angeles. #CRE #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1661880141218213891) 2023-05-25T23:41Z 18.8K followers, [--] engagements "Norfolk City Council will discuss acquiring the struggling downtown MacArthur Center mall for $18M. July [----] assessment $51.8M. Starwood Property Trustbought the mall in [----] for $265.5M. 62% vacant @DiMartinoBooth #commercialrealestate #retail https://www.virginiabusiness.com/article/norfolk-eyes-18m-purchase-of-macarthur-center-mall/ https://www.virginiabusiness.com/article/norfolk-eyes-18m-purchase-of-macarthur-center-mall/" [X Link](https://x.com/FCNightingale/status/1666907163711741957) 2023-06-08T20:36Z 24.1K followers, [--] engagements "(Bloomberg) -- Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for [--] Courtyard by Marriott hotels. #commercialrealestate https://finance.yahoo.com/news/cerberus-highgate-miss-payments-415-174325913.html https://finance.yahoo.com/news/cerberus-highgate-miss-payments-415-174325913.html" [X Link](https://x.com/FCNightingale/status/1683575732524445697) 2023-07-24T20:31Z 21.6K followers, [--] engagements "Lender Foreclosing on Adventus' Riverway Office Loan The Canadian real estate investment trust is delinquent on a $114 million loan secured by the Riverway property at [----] West Higgins Road. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1683608337156382720) 2023-07-24T22:41Z 18.9K followers, [--] engagements "Hundreds of government employees in San Francisco told to work from home due to the high levels of crime in the area report says. #lawenforcement #safety #society https://news.yahoo.com/hundreds-government-employees-san-francisco-164505153.html https://news.yahoo.com/hundreds-government-employees-san-francisco-164505153.html" [X Link](https://x.com/FCNightingale/status/1690485661692768256) 2023-08-12T22:09Z 22.1K followers, [--] engagements "Argentina's central bank will raise the benchmark interest rate to 118% from 97% previously an official source said on Monday in a bid to cushion the shock of a surprise primary election win by a far-right libertarian candidate that has spooked markets" [X Link](https://x.com/FCNightingale/status/1691118762702102528) 2023-08-14T16:05Z 18.9K followers, [--] engagements "DASIN Retail Trust has received a notice of default occurring under a Singapore dollar and US dollar denominated offshore syndicated term loan facility of up to S$430 million" [X Link](https://x.com/FCNightingale/status/1691538266930003968) 2023-08-15T19:52Z 18.9K followers, [--] engagements "Japan local banks' loan loss provisions jump 70% Bankruptcies and defaults are up due to labor shortages and rising prices https://asia.nikkei.com/Business/Finance/Japan-local-banks-loan-loss-provisions-jump-70-as-inflation-hits-borrowers https://asia.nikkei.com/Business/Finance/Japan-local-banks-loan-loss-provisions-jump-70-as-inflation-hits-borrowers" [X Link](https://x.com/FCNightingale/status/1691538597231394816) 2023-08-15T19:53Z 19.7K followers, [--] engagements "China Evergrande the world's most indebted property developer filed for chapter [--] bankruptcy in New York which would recognize and give effect to the offshore proceedings for [--] Evergrande companies based in Hong Kong British Virgin Islands and Cayman Islands respectively" [X Link](https://x.com/FCNightingale/status/1692334926790598966) 2023-08-18T00:37Z 18.8K followers, [--] engagements "Bank of England warns on corporate default risk Share of UK companies facing debt stress will rise to 50% by the year-end says analysis" [X Link](https://x.com/FCNightingale/status/1694042016483545115) 2023-08-22T17:41Z 18.8K followers, [--] engagements "U.S. Treasury yields rose Friday after Federal Reserve Chairman Jerome Powell signaled more rate hikes could be ahead and reiterated his stance against inflation" [X Link](https://x.com/FCNightingale/status/1695167518028034194) 2023-08-25T20:13Z 18.8K followers, [--] engagements "The time is fast approaching when the City of Crystal River will decide whether to go forward with foreclosure proceedings at the abandoned shopping plaza that has been referred to as The [---] which is the address on the northbound side of U.S. 19" [X Link](https://x.com/FCNightingale/status/1695496355349668033) 2023-08-26T18:00Z 18.9K followers, [--] engagements "The Singapore-based Manulife US REIT has downgraded the value of the 536000-square-foot tower at [----] Michelson Drive to $256 million. Before the pandemic it was valued at $345 million" [X Link](https://x.com/FCNightingale/status/1696943651107094583) 2023-08-30T17:51Z 18.9K followers, [---] engagements "Dave Portnoy admits Barstool Sports is undergoing layoffs with founder claiming the company is 'losing a lot' after he bought it back from PENN Entertainment. https://www.dailymail.co.uk/sport/othersports/article-12463493/Dave-Portnoy-admits-Barstool-Sports-undergoing-layoffs-founder-claiming-company-losing-lot-bought-PENN-Entertainment.html https://www.dailymail.co.uk/sport/othersports/article-12463493/Dave-Portnoy-admits-Barstool-Sports-undergoing-layoffs-founder-claiming-company-losing-lot-bought-PENN-Entertainment.html" [X Link](https://x.com/FCNightingale/status/1697033457682026574) 2023-08-30T23:48Z 20.8K followers, [----] engagements "Russia linked hackers have targeted the United Kingdom Ministry of Defence and leaked thousands of documents online according to a report. #CyberSecurity #CyberAttack" [X Link](https://x.com/FCNightingale/status/1698155259372208442) 2023-09-03T02:05Z 18.9K followers, [--] engagements "Country Garden survives one debt deadline. The next is just days away. #China" [X Link](https://x.com/FCNightingale/status/1698744681419423789) 2023-09-04T17:07Z 18.8K followers, [--] engagements "WeWork tells landlords it intends to renegotiate nearly all its leases. Struggling company informed landlords of plan on conference call Wednesday morning. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1699483702961590678) 2023-09-06T18:04Z 18.9K followers, [--] engagements "FSB warns of risks posed by hedge funds hidden leverage Within the hedge fund sector there is a group of funds typically pursuing macro and relative-value strategies with very high levels of synthetic leverage" [X Link](https://x.com/FCNightingale/status/1699515772530196822) 2023-09-06T20:11Z 18.9K followers, [--] engagements "A cybersecurity issue led to the shutdown of some casino and hotel computer systems at MGM Resorts International properties across the U.S. a company official reported Monday. #CyberSecurity #CyberAttack https://www.cnbc.com/2023/09/11/cybersecurity-issue-prompts-computer-shutdowns-at-mgm-resorts-properties-across-us.html https://www.cnbc.com/2023/09/11/cybersecurity-issue-prompts-computer-shutdowns-at-mgm-resorts-properties-across-us.html" [X Link](https://x.com/FCNightingale/status/1701326865632231853) 2023-09-11T20:08Z 20K followers, [---] engagements "Mossad chief David Barnea revealed on Sunday that over the past year the Israeli spy agency and its allies have foiled [--] attempted attacks by Iran on Israelis and Jewish targets around the world" [X Link](https://x.com/FCNightingale/status/1701339472166588762) 2023-09-11T20:58Z 18.8K followers, [--] engagements "In his first visit to Beijing since [----] Venezuelan President Nicolas Maduro arrived in Beijing to conclude his one-week trip tp the country with a meeting with Chinese President Xi Jinping. #China #Venezuela #geopolitics" [X Link](https://x.com/FCNightingale/status/1701654604109304166) 2023-09-12T17:50Z 18.8K followers, [--] engagements "ALPHV also known as BlackCat claimed responsibility for the attack by using social engineering to identify on LinkedIn an MGM employee who worked in IT support. The next step was simply to call the MGM help desk. #CyberAttack #CyberSecurity #MGMHack" [X Link](https://x.com/FCNightingale/status/1702003725915603220) 2023-09-13T16:58Z 18.8K followers, [--] engagements "MGM Resorts breach is costing the casino giant 'every minute' after hacker gang known as BlackCat infiltrated them in [--] MINUTES using an employee's name and a phone call. #MGMHack #CyberAttack #CyberSecurity" [X Link](https://x.com/FCNightingale/status/1702004200471736827) 2023-09-13T16:59Z 18.8K followers, [----] engagements "First Financial a Cincinnati bank has filed to foreclose on the office building at [----] Superior Ave. Cleveland The bank says in court documents the building owner's mortgage with a $9.7M balance matured and hasn't been repaid #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1702139315118022801) 2023-09-14T01:56Z 18.8K followers, [--] engagements "Researchers at Kroll Bond Rating Agency reported distressed loans within private-label commercial-backed mortgage securities climbed up to 6.8% or $40.7 billion by the end of August [----] up from 4.5% at the close of second quarter 2022" [X Link](https://x.com/FCNightingale/status/1702142714333082013) 2023-09-14T02:10Z 18.8K followers, [--] engagements "Fitch Ratings is cutting its forecasts for global GDP growth For Canada Fitch also reduced its forecasts for this year and next to 1.1% and 0.7% respectively #economy" [X Link](https://x.com/FCNightingale/status/1702148402828444156) 2023-09-14T02:32Z 18.9K followers, [--] engagements "City National Bank of Florida sued an affiliate of Levys Time Century Holdings and its minority partners in Miami-Dade Circuit Court for allegedly failing to make payments on a $27.2 million construction loan among other defaults. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1702360224588292250) 2023-09-14T16:34Z 18.8K followers, [--] engagements "Caesars Entertainment reportedly paid "tens of millions of dollars" to hackers who threatened to release company data Bloomberg reported The attack was reportedly perpetrated by a group called Scattered Spider (aka UNC 3944) #CyberSecurity #CyberAttack" [X Link](https://x.com/FCNightingale/status/1702361941358895213) 2023-09-14T16:41Z 18.9K followers, [--] engagements "Five days after a cyberattack crippled operations of MGM Resorts International including its signature Las Vegas properties the Bellagio and the MGM Grand the company said Thursday morning it is still working to resolve issues. #CyberSecurity https://abcnews.go.com/Business/mgm-reeling-cyber-chaos-5-days-after-attack/storyid=103148809 https://abcnews.go.com/Business/mgm-reeling-cyber-chaos-5-days-after-attack/storyid=103148809" [X Link](https://x.com/FCNightingale/status/1702362848783974421) 2023-09-14T16:45Z 20K followers, [---] engagements "The ransomware group allegedly took hold of MGMs computer systems in [--] simple steps according to vx-underground. All ALPHV ransomware group did to compromise MGM Resorts was hop on LinkedIn find an employee then call the Help Desk #CyberSecurity" [X Link](https://x.com/FCNightingale/status/1702363847821013342) 2023-09-14T16:49Z 18.9K followers, [---] engagements "Canopy Growth Corp. has ceased funding to its BioSteel Sports Nutrition Inc. business unit and commenced bankruptcy proceedings the embattled Canadian cannabis producer announced Sept. [--]. #strategy" [X Link](https://x.com/FCNightingale/status/1702389625044537598) 2023-09-14T18:31Z 18.8K followers, [--] engagements "Just weeks before closing its doors and dismissing thousands of employees Yellow Corp. doled out millions of dollars in bonuses to executives so they wouldnt leave the trucking firm during its chaotic unraveling #supplychain #freight" [X Link](https://x.com/FCNightingale/status/1702390523900862839) 2023-09-14T18:35Z 18.9K followers, [--] engagements "Prince Faisal heads Saudi delegation to G77+China summit in Cuba The summit will discussdevelopments on the international scene and the challenges that the world is facing Saudi PressAgency reported. #geopolitics #strategy" [X Link](https://x.com/FCNightingale/status/1702420393058074858) 2023-09-14T20:33Z 18.8K followers, [--] engagements "Affiliate of Texas REIT Seeks Bankruptcy Protection As It Sells Real EstatePortfolio Silver Star Properties' Subsidiary Hartman SPE Plans To Sell Part of $400 Million Portfolio #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1704273309100024309) 2023-09-19T23:16Z 18.9K followers, [--] engagements "His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah and Chinese President Xi Jinping held summit talks at the West Lake in Hangzhou China on Friday. #Kuwait #geopolitics" [X Link](https://x.com/FCNightingale/status/1705659982522327169) 2023-09-23T19:06Z 18.8K followers, [--] engagements "Target says it will close nine stores in major cities citing violence and theft. Target is closing locations in New York City Seattle San Francisco and Portland. #retail #lawenforcement" [X Link](https://x.com/FCNightingale/status/1706766114666205204) 2023-09-26T20:22Z 18.9K followers, [--] engagements "The potential for more cracks to emerge in the banking sector is seen as the greatest area of concern for global insurers overseeing $29T in assets. "Banks are most vulnerable to rising rates because of the Treasurys they hold on their balance sheet"" [X Link](https://x.com/FCNightingale/status/1707126710553219243) 2023-09-27T20:14Z 18.8K followers, [--] engagements "US Pending Home Sales Index Slides to Lowest Level Since [----] NAR index of contract signings declined 7.1% in August to 71.8" [X Link](https://x.com/FCNightingale/status/1707436186581582094) 2023-09-28T16:44Z 18.9K followers, [--] engagements "CarMax earnings per share fell 5% to $.75. Revenue slid 13% to $7.07 billion. This marks the seventh straight quarter of earnings declines as well as the fourth consecutive quarter of falling revenue. #autos #economy #consumer" [X Link](https://x.com/FCNightingale/status/1707449451755761694) 2023-09-28T17:37Z 18.8K followers, [--] engagements "The future of a253K SFUptown Dallasoffice building with a$16.45M loan approaching maturity is in jeopardy amid its Houston-based owners inability to refinance and an ongoing legal battle with a limited partner. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1707609973830652105) 2023-09-29T04:15Z 18.8K followers, [--] engagements "Shorenstein Properties defaulted on a $350M CMBS loan tied to [----] Broadway a 1.1M SF office property. Meadow Partners and Somerset Partners joint venture handed [---] East 42nd St. a 237K SF office property back to lender Fortress Investment Group" [X Link](https://x.com/FCNightingale/status/1707612502274568429) 2023-09-29T04:25Z 18.8K followers, [--] engagements "A growing wave of mortgage defaults is hitting San Francisco office buildings an ominous trend for both cash-strapped owners and City Hall which faces a looming annual budget deficit that could top $1 billion within the next few years" [X Link](https://x.com/FCNightingale/status/1707615539529478261) 2023-09-29T04:37Z 18.9K followers, [--] engagements "San Francisco sees surge in office defaults with more on the horizon. Property owners struggle with higher interest rates and record vacancy of 34%. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1709345248344760658) 2023-10-03T23:10Z 18.9K followers, [--] engagements "More San Francisco office buildings heading for default. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1709662289337491822) 2023-10-04T20:10Z 18.9K followers, [--] engagements "Office Markets in San Francisco & Silicon Valley Get Even Worse Availability rate in Q3 spiked to 36% in San Francisco. Sublease space nearly doubled YoY in Silicon Valley. Leasing activity collapsed. More landlords default. #commercialrealestate #CMBS" [X Link](https://x.com/FCNightingale/status/1709664575891571146) 2023-10-04T20:19Z 18.8K followers, [--] engagements "Seized Office Floor In Hong Kongs Central Sold For 56% Off [----] Price. 23rd floor of Bank of America Tower Purchased [----] for HK$700 million Sold for HK$305.36 million @BankerWeimar #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1709670312852246584) 2023-10-04T20:42Z 18.9K followers, [----] engagements "After narrowly dodging default on $240 million in distressed loans in May the owners of Fair Oaks Mall in Fairfax the region's second-largest shopping center are again facing a deadline to work out a deal to repay the debt in the coming weeks" [X Link](https://x.com/FCNightingale/status/1710399263442604359) 2023-10-06T20:58Z 18.8K followers, [--] engagements "@TreppWire @WBJonline The Business Journal reported Tuesday that Metropolitan Square had sold for $305 million to Artemis Real Estate Partners. But sources tell us the owners gave the building back to Artemis which held the mezzanine loan valued at $83.17 million" [X Link](https://x.com/FCNightingale/status/1710736144902635640) 2023-10-07T19:17Z 18.8K followers, [--] engagements "The real estate firm that foreclosed on the former Scott Foresman campus in Glenview last year has put it back up for sale after local planning officials rejected a plan to turn the vacant campus into rental housing. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1711556619278934347) 2023-10-10T01:37Z 18.8K followers, [--] engagements "Receiver Appointed for Struggling San Francisco Centre The lenders claim that Westfield entities have defaulted on $558 million in outstanding debt accumulating $5.6 million in additional interest and fees. #commercialrealestate https://offplanpropertyexchange.com/news/struggling-downtown-san-francisco-mall-could-be-headed-for-sale/234819/ https://offplanpropertyexchange.com/news/struggling-downtown-san-francisco-mall-could-be-headed-for-sale/234819/" [X Link](https://x.com/FCNightingale/status/1711933734625169667) 2023-10-11T02:36Z 21K followers, [--] engagements "A foreclosure auction for a set of buildings in Little Italy was canceled on Wednesday after a bankruptcy filing by the property owner. #commercialrealestate #Baltimore" [X Link](https://x.com/FCNightingale/status/1712281830387261768) 2023-10-12T01:39Z 18.8K followers, [--] engagements "Jamestown LP has been served with notices of default on loans backed by [--] San Francisco office buildings. A loan of about $61M for the Rialto Building at [---] New Montgomery Street and a $32.5M loan backed by [---] Market Street. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1712886448431518029) 2023-10-13T17:42Z 18.8K followers, [--] engagements "Trophy office landlord Beacon Capital Partners is booting fellow real estate player Enlivant from its Chicago headquarters amid the tenants layoffs of hundreds of corporate employees. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1713036507458555962) 2023-10-14T03:38Z 18.9K followers, [--] engagements "M&T Bank CFO Daryl Bible told investors on an earnings call that he expected the banks 10-Q to show a greater level of criticized loans. Estimated that loans with a default risk would be up by a mid to high single-digit percent. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1714816155859243394) 2023-10-19T01:30Z 18.9K followers, [--] engagements "Lenders have initiated the foreclosure processon a financially troubled office tower in Dallas. Pillarstone Capital REIT said in a SEC Commission filing in August that it had defaulted on the $16.5M loan for Uptown Tower at [----] North Central Expressway" [X Link](https://x.com/FCNightingale/status/1714817505326166325) 2023-10-19T01:35Z 18.8K followers, [--] engagements "The value of buildings in bankruptcy repossessed by lenders or in the process of liquidation increased by a net $5.6 billion during Q3 according to data from MSCI Real Assets. Office properties alone accounted for 41% of the $79.7 billion total. #CRE https://www.connectcre.com/stories/cre-distress-reaches-highest-level-since-2013/ https://www.connectcre.com/stories/cre-distress-reaches-highest-level-since-2013/" [X Link](https://x.com/FCNightingale/status/1715060688903610463) 2023-10-19T17:41Z 23.4K followers, [--] engagements "The loan backing the 30-story Bank of America Plaza at [---] Market St. entered default in August. The Aug. [--] default can be blamed on decreasing occupancy and cash flow shortfalls #commercialrealestate #StLouis" [X Link](https://x.com/FCNightingale/status/1716863414557917668) 2023-10-24T17:05Z 18.8K followers, [--] engagements "Community Bank reported a surge in bad debts. The cause: office properties. Across the bank's loan portfolio charge-offs or debt deemed nonrecoverable rose to $26M in the third quarter up from just $1M in the same period last year" [X Link](https://x.com/FCNightingale/status/1717688462273282356) 2023-10-26T23:43Z 18.8K followers, [--] engagements "WeWork Plans to File for Bankruptcy as Early as Next Week. Once a venture capital-backed star with an astronomical valuation the flexible-office-space provider is now preparing for chapter [--] protection. @BankerWeimar #commercialreakestate" [X Link](https://x.com/FCNightingale/status/1719463045645082938) 2023-10-31T21:15Z 18.8K followers, [---] engagements "Rubicon Point Partners has bought a 137600-square-foot office building in San Franciscos South of Market for $73 million close to half what it traded for in [----]. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1719470459530445243) 2023-10-31T21:44Z 18.8K followers, [--] engagements "The Arbor condominium project in Coconut Grove. The developer ofan unfinished 48-unit Coconut Grove condo project has handed over the deedto the siteafter its lender pushed forforeclosure. #RealEstate #Miami" [X Link](https://x.com/FCNightingale/status/1720531136302964830) 2023-11-03T19:59Z 18.8K followers, [--] engagements "'Debt storm' for the West Midlands The advisory firm says rising interest rates debt subdued consumer confidence high energy costs and wider economic uncertainty are putting "considerable financial pressure" on West Midlands businesses. #UK #economy" [X Link](https://x.com/FCNightingale/status/1721562189234831640) 2023-11-06T16:16Z 18.8K followers, [--] engagements "Multifamily delinquency the $92M Juxt Seattle Office delinquencies: One Stamford Forum $91M Regions Tower Indianapolis $78M Retail delinquency the Fashion Outlets of Niagara Falls $86M #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1721636399860879586) 2023-11-06T21:11Z 18.8K followers, [--] engagements "WeWork once valued at $47 billion files for bankruptcy. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1721900388587348355) 2023-11-07T14:40Z 18.8K followers, [--] engagements "According to Trepp which analyzes CMBS WeWork is a top-five tenant at [--] office facilities behind more than $3.3 billion in CMBS debt across [--] deals. #commercialrealestate #WeWork" [X Link](https://x.com/FCNightingale/status/1721902246739505517) 2023-11-07T14:47Z 18.8K followers, [--] engagements "WeWork has filed for Chapter [--] bankruptcy after it has spent its entire life burning huge amounts of cash raised from investors a total of $13.8 billion raised in [--] rounds much of it from SoftBank and SoftBanks Vision fund. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1721903021511389573) 2023-11-07T14:50Z 18.8K followers, [--] engagements "The sale of Signature Banks $33 billion in commercial-property loans and other assets is expected to attract bids as much as 40% below face value offering new evidence of how much property prices have eroded" [X Link](https://x.com/FCNightingale/status/1721952484296392873) 2023-11-07T18:07Z 18.9K followers, [--] engagements "Rene Benkos Signa Holding GmbH the part-owner of Selfridges and the Chrysler building is the latest casualty of a real estate crisis triggered by the end of near-zero interest rates and declining demand for office space. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1721954952912793648) 2023-11-07T18:17Z 18.8K followers, [---] engagements "Former Location Ventures CEO Rishi Kapoor was named in an $11.75M foreclosure lawsuit over a 61444-square-foot office building of five stories at [---] Alhambra Circle Coral Gables. #commercialrealestate #Miami" [X Link](https://x.com/FCNightingale/status/1722822850539618509) 2023-11-10T03:45Z 18.9K followers, [--] engagements "A lender has targeted more than half of the units in the Pelican Point at Boynton Beach Condominium with a $3.7 million foreclosure lawsuit. #realestate" [X Link](https://x.com/FCNightingale/status/1722823977742000276) 2023-11-10T03:50Z 18.8K followers, [--] engagements "A third major Burger King franchisee declares bankruptcy. Premier Kings a 172-unit Alabama and Georgia operator declared Chapter [--] bankruptcy protection citing substantial operating losses. #economy #fastfood #BurgerKing" [X Link](https://x.com/FCNightingale/status/1723048381889585609) 2023-11-10T18:42Z 18.8K followers, [--] engagements "Deutsche prepared to take $300M+ loss on hollowed-out FiDi office building at [---] Broadway. In [----] Deutsche Bank paid nearly $500M. Expected sale price between $150M and $200M. #commercialrealestate #NewYorkCity" [X Link](https://x.com/FCNightingale/status/1725353876784615718) 2023-11-17T03:23Z 18.8K followers, [---] engagements "The loan on Tower Plaza had an interest rate of Libor plus [---] percent. When the loan was securitized in [----] the one-month Libor benchmark rate was less than [---] percent. As of Nov. [--] it was [---] percent" [X Link](https://x.com/FCNightingale/status/1727024406017548759) 2023-11-21T18:01Z 18.8K followers, [--] engagements "Developer BPM defaults on $127M loan tied to Anaheims Viv Hotel. 326-key hospitality property stands about a mile from Disneyland and opened in [----]. @BankerWeimar #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1727038359401583073) 2023-11-21T18:56Z 18.8K followers, [---] engagements "Further subsidiaries of Austrian property group Signa are expected to file for insolvency as soon as this week. Switzerlands Julius Baer revealed that it had an exposure of more than [---] million Swiss francs ($677.58 million). #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1729212510656405555) 2023-11-27T18:56Z 18.8K followers, [---] engagements "Signa's Insolvency Risk Tees Up Question of Who Else' Signa the retail-and-property empire of tycoon Rene Benko is at risk of becoming one of Europe's largest property meltdowns since the global financial crisis. #commercialrealestate #Banks" [X Link](https://x.com/FCNightingale/status/1729219974697464064) 2023-11-27T19:25Z 18.8K followers, [---] engagements "Greenland is set to lose control of the delayed 2nd phase of the 22-acre development formerly known as Atlantic Yards. The company has defaulted on nearly $350 million worth of loans tied to the six rental development sites of Pacific Parks Phase 2" [X Link](https://x.com/FCNightingale/status/1729305870163460550) 2023-11-28T01:07Z 18.8K followers, [--] engagements "Morgan Stanley Barclays and Bank of America loaned Ashford Hospitality nearly $294M. Banks are suing Ashford over claims the real estate investment trust breached its contracts in defaulting on loans tied to [--] hotels in [--] states. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1729547598883594415) 2023-11-28T17:07Z 18.8K followers, [---] engagements "Manulife US REIT has unveiled a recapitalisation proposal involving a $235.7M lifeline from its sponsor and a hoped for [--] year debt extension from creditors in an effort to rescue the Singapore exchanges most over-leveraged property trust #realestate" [X Link](https://x.com/FCNightingale/status/1729988584642396314) 2023-11-29T22:19Z 18.8K followers, [--] engagements "Pinecrest office building targeted in foreclosure after loan boosts to 8% interest rate. Two neighboring offices are also currently in foreclosure. #commercialrealestate #Florida" [X Link](https://x.com/FCNightingale/status/1730326706655748226) 2023-11-30T20:43Z 18.8K followers, [--] engagements "Signa Holding's insolvency has cast a spotlight on the complex structure of the debt-ridden Austrian property empire whose holdings span from New York's Chrysler building to shares in Britain's Selfridges department store. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1730614354364469729) 2023-12-01T15:46Z 18.8K followers, [--] engagements "Of the [---] Galeria Karstadt Kaufhofbranches owned by Signa in [----] only [--] remain and this spring Galeria presented an insolvency plan to shore up its remaining subsidiaries That plan is now at risk as any remaining financing evaporates #Germany #retail" [X Link](https://x.com/FCNightingale/status/1730615572776268100) 2023-12-01T15:51Z 18.8K followers, [--] engagements "Whitestone Uptown Tower LLC the owner of the Uptown Tower office building in Dallas has filed a Chapter [--] voluntary petition. Filing comes on the eve of a foreclosure sale of the property scheduled for December [--] [----]. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1730978828950888722) 2023-12-02T15:54Z 18.8K followers, [--] engagements "Greenland USA defaulted on $350M in loans for Pacific Park FMB's apartment project in Van Nuys has filed for BK CA Ventures is delinquent on $75M loan for Chicago apartments Lender foreclosing on Retreat at Stafford apartments #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1731022808031907848) 2023-12-02T18:49Z 18.8K followers, [--] engagements "Among those most exposed to Signa is Raiffeisen which is thought to have lent Signa more than 750m and Julius Baer which is reportedly on the hook for 640m. Unicredit Credit Suisse and Commerzbank are also believed to be facing heavy losses" [X Link](https://x.com/FCNightingale/status/1731068439882498248) 2023-12-02T21:50Z 18.8K followers, [---] engagements "KBS REIT sells Chicago office building [---] W. Institute Place for less than half what it paid in [----] Coastal Partners buys for $17M loft property that sold for $43.5M six years ago #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1732087237779615779) 2023-12-05T17:19Z 18.8K followers, [--] engagements "Moodys Analytics forecasted in 2024: $182B in maturing CRE loans $47B specifically in office. 76% of office CMBS loans face a considerable risk of being unrefinanced. @danjmcnamara @BankerWeimar #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1732115297564303456) 2023-12-05T19:10Z 18.8K followers, [----] engagements "Ashford Hospitality Trust hands back keys of five US hotels to lender. REIT says it is working with trust representing three banks to hand back keys to another [--] hotels in eight states. @BankerWeimar #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1732534401316081770) 2023-12-06T22:56Z 18.8K followers, [---] engagements "Owners of bankrupt Harrisburg housing complex weigh purchase offers Complex occupied [--] city blocks in the Camp Curtin Neighborhood has been plagued with myriad problems including dilapidated units that have been condemned. #multifamily #apartments" [X Link](https://x.com/FCNightingale/status/1733591379970793671) 2023-12-09T20:56Z 18.8K followers, [--] engagements "Mall Owner PREIT Files for Chapter [--] for Second Time in ThreeYears Landlord Seeks To Reduce Debt in Restructuring While No Longer Operating as Public Company #commercialrealestate #retail" [X Link](https://x.com/FCNightingale/status/1734258088603959523) 2023-12-11T17:05Z 18.8K followers, [--] engagements "Point Ruston LLCs vision was to create a bustling new upscale mini-city reaching into both Tacoma and Ruston. Two of its lenders TerraCotta Credit REIT and AURC III are seeking repayment totaling nearly $170M. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1734362270937849930) 2023-12-11T23:59Z 18.9K followers, [--] engagements "Entire shopping centre sells for just [------] in market town that has lost Debenhams Topshop River Island and H&M - less than the average price of a British house. #commercialrealestate #WestWales #UK" [X Link](https://x.com/FCNightingale/status/1734949367969112471) 2023-12-13T14:52Z 18.9K followers, [--] engagements "Surrender is just the latest in a slew of office property returns in San Francisco and across the Bay Area where office values have plummeted after a pandemic shift to remote work. At the same time mortgage rates have soared making refinancing difficult for building owners" [X Link](https://x.com/FCNightingale/status/1734951661888581733) 2023-12-13T15:01Z 18.8K followers, [---] engagements "Ebix Inc a Nasdaq-listed company has filed for Chapter [--] bankruptcy protection in Northern Texas according to a Bloomberg report citing court filing. The company's liabilities are estimated to fall within the $500 million to $1 billion range" [X Link](https://x.com/FCNightingale/status/1736801179173368297) 2023-12-18T17:30Z 18.8K followers, [---] engagements "Savanna signed over its [------] sq ft building at [----] Park Avenue in Harlem to its lender TPG Real Estate Finance Trust for a deed in lieu of foreclosure. Purchased in in [----] for $48M. #commercialrealestate https://therealdeal.com/new-york/2023/12/18/savanna-hands-back-keys-to-lender-on-harlem-office-building/tpcc=sprout_general&utm_campaign=sprout_general&utm_content=1702938662&utm_medium=The+Real+Deal&utm_source=twitter" [X Link](https://x.com/FCNightingale/status/1737134068746059796) 2023-12-19T15:33Z 19.6K followers, [--] engagements "Royalton Park Avenue Hotel partners in danger of default. Last week Moodys downgraded a security holding the mortgage at [---] Park Avenue South in NoMad to deep junk status Crains reported. #commercialrealestate #NewYorkCity" [X Link](https://x.com/FCNightingale/status/1737135280518230253) 2023-12-19T15:38Z 18.8K followers, [--] engagements "Washington-Area Office Default Risk Surpasses San Franciscos Loans of concern on offices in the US capital region climbed to 72% in Q3 topping San Franciscos 71% real estate data firm @TreppWire reported. @BankerWeimar #commercialrealestate https://www.bloomberg.com/news/articles/2023-12-18/washington-area-office-default-risk-surpasses-san-francisco-s https://www.bloomberg.com/news/articles/2023-12-18/washington-area-office-default-risk-surpasses-san-francisco-s" [X Link](https://x.com/FCNightingale/status/1737142060346413372) 2023-12-19T16:05Z 19.3K followers, [---] engagements "DBRS Morningstar Downgrades [--] Class A/Class B office properties totaling approximately [---] million square feet in Arlington Virginia. $691M mortgage loan and $150M mezzanine loan in special servicing May [----]. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1737218975870652472) 2023-12-19T21:10Z 18.8K followers, [--] engagements "After [--] years Pacific Park faces foreclosure and an uncertain future Current developer Greenland USA has defaulted on nearly $350M in loans attached to the projects second phase. #multifamily" [X Link](https://x.com/FCNightingale/status/1737221449075871952) 2023-12-19T21:20Z 18.8K followers, [--] engagements "4 Office Buildings West of Chicago Handed Back to Lender As Voluntary Surrenders Rise Millbrook gives properties in Arboretum Lakes office complex in Lisle to Voya Financial affiliate by deeds in lieu of foreclosure @BankerWeimar #commercialrealestate https://www.costar.com/article/655737053/four-office-buildings-west-of-chicago-handed-back-to-lender-as-voluntary-surrenders-rise https://www.costar.com/article/655737053/four-office-buildings-west-of-chicago-handed-back-to-lender-as-voluntary-surrenders-rise" [X Link](https://x.com/FCNightingale/status/1737226840828260833) 2023-12-19T21:42Z 25.4K followers, [--] engagements "A Los Angeles office building located near Century City and Beverly Hills at [----] Sepulveda Blvd sold for about 52% less than its price five years ago. Sold for $44.7M Purchased [----] for $92.5M #commercialrealestate #California https://www.bloomberg.com/news/articles/2023-12-26/los-angeles-office-building-sells-at-52-less-than-2018-priceutm_campaign=socialflow-organic&utm_source=twitter&cmpid%3D=socialflow-twitter-markets&utm_content=markets&utm_medium=social" [X Link](https://x.com/FCNightingale/status/1739692897371390194) 2023-12-26T17:01Z 21.6K followers, [--] engagements "With roughly $1.7B in loans maturing in the next year KBS REIT III is at risk of default. Considering the current commercial real estate lending environment this raises substantial doubt as to KBS REIT IIIs ability to continue #commercialrealestate" [X Link](https://x.com/anyuser/status/1739698930290507920) 2023-12-26T17:25Z [--] followers, [--] engagements "KBS REIT warns shareholders it could cease as a going concern Fund tied to Newport Beach firm says value of its properties has plunged by $350M. Owns more than $1.2B in office properties. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1740063938753229102) 2023-12-27T17:35Z 18.8K followers, [--] engagements "Employees at the Columbia Mall in Grand Forks say they've heard little about the mall's upcoming auction. A portion of the building will be auctioned off after First International Bank and Trust filed a foreclosure case. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1740078123952304349) 2023-12-27T18:32Z 18.8K followers, [--] engagements "@dgsommersmkts I also found this to be amazing: According to TreppWire Washington-Area Office Default Risk Surpasses San Franciscos Loans of concern on offices in the US capital region climbed to 72% in Q3 topping San Franciscos 71%" [X Link](https://x.com/anyuser/status/1740107403813863790) 2023-12-27T20:28Z [--] followers, [--] engagements "East West Bank sued Vista Investment Group to initiate judicial foreclosure of the [------] sq ft office at [----] N. 1st St. in San Jose after Vista defaulted on a $25M loan on the property. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1740442881838747648) 2023-12-28T18:41Z 18.9K followers, [--] engagements "16-story office property at [----] Old Georgetown Road in Bethesda Maryland sold to In-Rel Properties for $29.9M - 22% of the previous purchase price of $133.8M Previous owner spent $21M on renovations 40% leased as of the sale #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1743013308767117405) 2024-01-04T20:55Z 18.9K followers, [--] engagements "@TripleNetInvest 16-story office property at [----] Old Georgetown Road in Bethesda Maryland sold to In-Rel Properties for $29.9M - 22% of the previous purchase price of $133.8M in 2019" [X Link](https://x.com/FCNightingale/status/1743367471703150794) 2024-01-05T20:22Z 18.9K followers, [---] engagements "Office availability in Los Angeles continue to set new records in the fourth quarter ending [----] at 26.7% The availability rate in DTLA surged to 29.7%. #commercialrealestate" [X Link](https://x.com/anyuser/status/1743368605654237437) 2024-01-05T20:27Z [--] followers, [--] engagements "South Korea is in damage control mode trying to contain the damage from a construction firm debt crisis. Taeyong Engineering & Construction surprised the markets late last month with a request to reschedule payment terms for project financing loans" [X Link](https://x.com/FCNightingale/status/1743389869269754344) 2024-01-05T21:51Z 18.9K followers, [--] engagements "The developers of a 143-unit apartment building in Long Island Cityhave fallen behind onmortgage payments after theinterest rate on their property more than doubled. #multifamily #NewYorkCity" [X Link](https://x.com/FCNightingale/status/1743390530526949497) 2024-01-05T21:54Z 18.8K followers, [--] engagements "Facing nearly $2B in debt and declining ad revenue Philadelphia-based radio company Audacy is expected to file for Chapter [--] bankruptcy in the coming weeks the Wall Street Journal reported. Audacy owns [---] radio stations in the U.S" [X Link](https://x.com/FCNightingale/status/1743398082417480098) 2024-01-05T22:24Z 18.8K followers, [--] engagements "@KobeissiLetter [--] story office building [----] Eye St. NW DC sells for $36M. Previously purchased for $100M. 16-story office property at [----] Old Georgetown Road in Bethesda Maryland sells for $29.9M - 22% of the previous purchase price of $133.8M" [X Link](https://x.com/FCNightingale/status/1744110422423212199) 2024-01-07T21:35Z 18.8K followers, [---] engagements "Class A towers constructed between [----] and [----] had an availability rate of 12%. Those built between [----] and [----] had an availability rate of 18%. Those constructed prior to [----] had an availability rate of 22%. #commercialrealestate #Toronto" [X Link](https://x.com/FCNightingale/status/1744485014169866252) 2024-01-08T22:23Z 18.8K followers, [--] engagements "165000 sq ft Westwood Terrace at [----] Sepulveda Blvd. sells for $44.7M. Sale price is 52% lower than its last price when the building sold in [----] for $92.5M. #commercialrealestate #Westwood https://labusinessjournal.com/real-estate/westwood-office-sells-for-45-million/ https://labusinessjournal.com/real-estate/westwood-office-sells-for-45-million/" [X Link](https://x.com/FCNightingale/status/1744542436594978928) 2024-01-09T02:11Z 21.6K followers, [--] engagements "Steve Croman is on the hook for $35M after defaulting on a $23M loan backed by four multifamily properties 208-214 East 25th Street in Kips Bay. Extra $13M owed largely stems from the [--] percent default interest rate. #NewYorkCity #realestate" [X Link](https://x.com/FCNightingale/status/1744837848988049887) 2024-01-09T21:45Z 18.9K followers, [--] engagements "Wanamaker building at [----] Market St. in Philadelphia Went into receivership in September 1.4M sq ft office space was 35% occupied as of the end of October Purchased for $200M in [----] #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1745538245063057490) 2024-01-11T20:08Z 20.8K followers, [---] engagements "Canadas national downtown office vacancy rate hit a record high of [----] per cent to end [----] according to data from commercial real estate and investment firm CBRE. #commercialrealestate #Canada" [X Link](https://x.com/FCNightingale/status/1745540896920113202) 2024-01-11T20:19Z 18.9K followers, [--] engagements "A property in the Flagler Village neighborhood of Fort Lauderdale planned as a condo hotel is now subject to a $5.75M foreclosure lawsuit. Interest rate was variable at the Three Month Treasury Bill Rate plus [----] percentage points #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1745917781076226322) 2024-01-12T21:16Z 18.8K followers, [---] engagements "Sluggish Shanghai office market gives tenants chance to bargain on rents with landlords keen to attract or retain clients Tenants are either viewing different office buildings to reduce rentsor are seeking big discounts when negotiating lease renewals" [X Link](https://x.com/FCNightingale/status/1745930741471400367) 2024-01-12T22:08Z 18.9K followers, [--] engagements "Los Angeles and Orange County have $21B in CMBS loans coming due in [----] Sixty percent of those loans tied to [---] properties in California are on watchlists or special servicing. #commercialrealestate #California" [X Link](https://x.com/FCNightingale/status/1746277807561359643) 2024-01-13T21:07Z 18.9K followers, [--] engagements "@DiMartinoBooth Washington DC area has the highest share of office buildings with bank loans at risk of default -72% - Trepp LA and OC have $21B in CMBS loans coming due in [----]. 60% of those loans tied to [---] properties in California are on watchlists or special servicing TheRealDeal" [X Link](https://x.com/FCNightingale/status/1746725050156192165) 2024-01-15T02:44Z 18.9K followers, [---] engagements "M&T: 27% of CRE loans show risk of default Medical offices and multifamily are behind the uptick. Doctors offices face reimbursement problems-tenants paying landlords for their share of property taxes insurance and maintenance costs. #Banking #CRE" [X Link](https://x.com/anyuser/status/1748062943302869379) 2024-01-18T19:20Z [--] followers, [--] engagements "@tom_peters These Are the Plunderers: How Private Equity Runsand WrecksAmerica by Gretchen Morgenson" [X Link](https://x.com/FCNightingale/status/1748170043899187675) 2024-01-19T02:26Z 18.9K followers, [--] engagements ""It's a long movie" Wells Fargo CFO Michael Santomassimo told analysts asking about the outlook on commercial real estate. "We're past the opening credits but we're still in the beginning of the movie. And so it's going to take some time for this to play out."" [X Link](https://x.com/FCNightingale/status/1748334289203196340) 2024-01-19T13:19Z 18.8K followers, [--] engagements "Federal judge puts all Location Ventures Rishi Kapoor companies in receivership: Location Ventures Urbin Patriots United and various entities that owned real estate in Miami Miami Beach and Montana" [X Link](https://x.com/FCNightingale/status/1748335262113939683) 2024-01-19T13:23Z 18.8K followers, [--] engagements "@Starlink If you remove whatever is drastically limiting the visibility of my account I will have the ability to communicate in the US" [X Link](https://x.com/FCNightingale/status/1748410540471332961) 2024-01-19T18:22Z 18.9K followers, [--] engagements "Los Angeles with 51M sq ft of vacant office space - 24% of the citys stock. In Orange County 18M sq ft of vacant office space - 19.6% of the regions stock. #commercialrealestate #California" [X Link](https://x.com/FCNightingale/status/1749524465917067314) 2024-01-22T20:08Z 18.9K followers, [--] engagements "Financial distress in Downtown Los Angeles has extended beyond the office market. Realm and Bascom Group defaulted on a $32.9 million loan tied to a planned 36-story apartment tower. https://t.co/abkJQ9dc5f. https://t.co/abkJQ9dc5f" [X Link](https://x.com/FCNightingale/status/1749573820044788157) 2024-01-22T23:24Z 18.9K followers, [---] engagements "Office vacancies in San Francisco's business core started the year at a record 35.6% according to real-estate firm CBRE. #CommercialRealEstate #SanFrancisco" [X Link](https://x.com/FCNightingale/status/1749583392348254615) 2024-01-23T00:02Z 18.9K followers, [---] engagements "Blackrock Marketing Shanghai Office Complex At 30% Off As Vacancy Hits 20-Year High The overall Grade A office market continues to struggle with vacancy rates that have exceeded 20% for the first time in over two decades. #commercialrealestate #China" [X Link](https://x.com/anyuser/status/1749882515395903857) 2024-01-23T19:51Z [--] followers, [--] engagements "Thorofare Capital Markets LA Arts District Property in Foreclosure Sale AtTraction [-----] sq ft in [--] adjacent buildings at [---] and [---] Traction Avenue. Transferred by deed in lieu of foreclosure. #commercialrealestate #LosAngeles" [X Link](https://x.com/FCNightingale/status/1749920264761020497) 2024-01-23T22:21Z 18.9K followers, [--] engagements "TA Partners on the brink of losing [--] large multifamily projects in Irvine after defaulting on $200M in loans from Mack Real Estate. Mack has scheduled a foreclosure auction for [-----] Von Karman Avenue and [-----] Derian Avenue. #commercialrealestate" [X Link](https://x.com/anyuser/status/1749934197685248171) 2024-01-23T23:16Z [--] followers, [--] engagements "Riot Games is laying off about [---] employees which represents 11% of its workforce the Tencent-owned company announced. #economy #layoffs #jobs" [X Link](https://x.com/anyuser/status/1749986349392822565) 2024-01-24T02:43Z [--] followers, [---] engagements "Cantor Fitzgerald CEO Howard Lutnick is warning of a "generational change" coming for real estate. Billionaire CEO sees $1 trillion in commercial real estate defaults coming for very very ugly market over next [--] years https://t.co/RE8xbOaZwY Billionaire CEO sees $1 trillion in commercial real estate defaults coming for very very ugly market over next [--] years https://t.co/RE8xbOaZwY" [X Link](https://x.com/FCNightingale/status/1749992974308487386) 2024-01-24T03:10Z 18.8K followers, [---] engagements "Penn State is planning nearly $100 million in budget cuts to eliminate its years-long operating deficit and create a sustainable business model for the future university leaders said this week. #education #strategy" [X Link](https://x.com/FCNightingale/status/1750263813734064446) 2024-01-24T21:06Z 18.9K followers, [--] engagements "Los Angeles Times cuts will impact at least [---] journalists a person familiar with the matter told CNN or slightly more than 20% of the newsroom. Some [--] of those cuts will be among unionized employees. #strategy #HR #disruption" [X Link](https://x.com/FCNightingale/status/1750265216854544529) 2024-01-24T21:12Z 18.9K followers, [--] engagements "Wave of Tech Media Layoffs Delivers New Blows to Los Angeles Office Market About [--] tech companies in the U.S. have cut almost [-----] employees since the start of [----] according to #commercialrealestate #economy" [X Link](https://x.com/anyuser/status/1751000307159429216) 2024-01-26T21:52Z [--] followers, [--] engagements "The beleaguered Steward Health Care the largest tenant of healthcare facility owner Medical Properties Trust has hired turnaround consulting firm AlixPartners to help it deal with its deep financial problems. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1751004587845197926) 2024-01-26T22:10Z 18.9K followers, [---] engagements "Evergrande ordered to liquidate as Hong Kong High Court approves creditors bid to wind up worlds most indebted property developer. The company with US$328B of liabilities can still appeal against the order. #China #realestate" [X Link](https://x.com/FCNightingale/status/1751793220411924698) 2024-01-29T02:23Z 18.8K followers, [---] engagements "CBRE reports an unprecedented peak in vacancy and availability rates in [----] concluding the year at 23.8% Salt Lake and 24.2% Provo. Some suburban sites (West Valley Southwest Valley) suffering vacancy rates near 50%. #commercialrealestate #Utah" [X Link](https://x.com/FCNightingale/status/1752047486082933127) 2024-01-29T19:14Z 18.9K followers, [---] engagements "The rise and fall of China Evergrande -South China Morning Post The worlds most indebted property developer will be forced to reckon with creditors unpaid workers and construction for some [---] unfinished projects in over [---] cities across China" [X Link](https://x.com/FCNightingale/status/1752060876738146573) 2024-01-29T20:07Z 18.9K followers, [--] engagements "@TheFederalist46 @ELaserDavies Gunman who stole a Chrysler [---] after shooting and killing the owner" [X Link](https://x.com/FCNightingale/status/1752436396315345111) 2024-01-30T20:59Z 18.9K followers, [--] engagements "Fitch: Multifamily CMBS delinquencies to double in [----] - $1.3 billion. Heightened levels of new supply slowing revenue growth and higher expenses will challenge apartments. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1752461585447059620) 2024-01-30T22:39Z 18.9K followers, [--] engagements "In all more than $31.2 billion totaling [----] conduit and agency Fitch-rated U.S. CMBS loans is scheduled to mature in [----]. Another $37.9 billion or [----] loans are on pace to mature in [----]. #commercialrealestate #debt #economy" [X Link](https://x.com/FCNightingale/status/1752462219642576998) 2024-01-30T22:42Z 18.9K followers, [--] engagements "@majorfish8725 Exactly You see the same large landlords surrendering buildings to the lenders are at the same time raising billions of dollars to buy distressed property" [X Link](https://x.com/FCNightingale/status/1752484471637434693) 2024-01-31T00:10Z 18.9K followers, [--] engagements "'A Bloodbath': The Reckoning For Rent-Stabilized Apartment Owners Is Starting In New York Multifamily -11/15/23 It's going to be a bloodbath said Ofer Cohen president of brokerage TerraCRG. I'm telling you right now: It's going to be bad. $NYCB" [X Link](https://x.com/FCNightingale/status/1752788323494416622) 2024-01-31T20:17Z 18.9K followers, [---] engagements "Lender Takes Over Renovated Southern California Office Amid IndustryDistress Owners Hand Back Keys to Class A Office in El Segundo [------] sq ft office building is located at [----] E. Grand Ave. #commercialrealestate #CRE #California" [X Link](https://x.com/FCNightingale/status/1752793980188696669) 2024-01-31T20:40Z 18.9K followers, [--] engagements "GTA Condo Sales Slump To Lowest Quarterly Level In Over [--] Years New listings rose in Q4 rising 29.3% annually. Average sale price for a condo in the GTA sat at $702142. #realestate #Toronto" [X Link](https://x.com/FCNightingale/status/1752799603081007198) 2024-01-31T21:02Z 18.9K followers, [--] engagements "New York Community Bank reported a near $2B increase in criticized multifamily loans. Of its $37B multifamily loan book which comprises 44% of its total portfolio 8% was marked criticized in the quarter. $NYCB #banking" [X Link](https://x.com/FCNightingale/status/1752801132491964894) 2024-01-31T21:08Z 18.9K followers, [---] engagements "Job cuts throughout the tech industry are adding another layer of uncertainty for a U.S. office market already contending with record-high vacancies. #commercialrealestate #economy" [X Link](https://x.com/FCNightingale/status/1753164573467644288) 2024-02-01T21:13Z 18.9K followers, [--] engagements "The CMBS delinquency rate rose MTM almost 10% to 4.61% Kroll Bond Rating Agency reported. The total delinquent and specially serviced loan rate across KBRA's $317.3B rated universe of CMBS also rose more than 11% to 7.39%. #commercialrealestate #CMBS" [X Link](https://x.com/FCNightingale/status/1753182065321816434) 2024-02-01T22:22Z 19.1K followers, [--] engagements "J.P. Morgans Kabir Caprihan noted that reserves on office loans were lower than most peers at two banks: Zions and M&T Bank . At year end the loss reserves on office properties were 3.8% of loans at Zions and 4.4% at M&T. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1753244508689506405) 2024-02-02T02:30Z 18.9K followers, [--] engagements "Lenders such as Arbor are hit if the borrowers eventually default because they provide the equity portion of the CLOs the riskiest part of the securitization while selling on the safer tranches meaning they are the first to suffer losses if the loans arent repaid. Bloomberg" [X Link](https://x.com/FCNightingale/status/1753546533683748975) 2024-02-02T22:30Z 19.2K followers, [---] engagements "BXP acquired a 29% stake in [---] Park Avenue South for $1 Canadian Pension Plan Investment Board was ready to wash its hands of its ownership share after investing $71M. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1753556211520160021) 2024-02-02T23:09Z 18.9K followers, [--] engagements "In Canada Allied Properties Real Estate Investment Trust a major owner of office buildings in cities including Toronto and Vancouver announced a $500-million writedown last week. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1754540469080424488) 2024-02-05T16:20Z 18.9K followers, [--] engagements "Multifamily Occupancy Takes a Hit in Several Markets The top [--] markets with the highest occupancy decreases were Raleigh Atlanta Jacksonville Las Vegas Austin Memphis Pittsburg Dallas Charlotte and Indianapolis" [X Link](https://x.com/FCNightingale/status/1754651780669960700) 2024-02-05T23:42Z 18.9K followers, [--] engagements "@RetroCoast How things have changed. Volvo is now a Chinese owned company. Owned by Zhejiang Geely Holding of China" [X Link](https://x.com/FCNightingale/status/1754730099310539108) 2024-02-06T04:53Z 18.9K followers, [--] engagements "@KobeissiLetter Hong Kong will raise its guarantee on bank deposit savings to HK$800000 ($102000) starting at the earliest in the fourth quarter of this year" [X Link](https://x.com/FCNightingale/status/1754734885258858766) 2024-02-06T05:12Z 18.9K followers, [---] engagements "Wall Street is worried banks aren't worried enough about commercial real estate "We believe consensus is too low on provision expense for [----] for nearly every bank we cover" Manan Gosalia a regional bank analyst for Morgan Stanley said. #regionalbanks https://finance.yahoo.com/news/wall-street-is-worried-banks-arent-worried-enough-about-commercial-real-estate-164922061.html https://finance.yahoo.com/news/wall-street-is-worried-banks-arent-worried-enough-about-commercial-real-estate-164922061.html" [X Link](https://x.com/FCNightingale/status/1754924994738422187) 2024-02-06T17:48Z 20K followers, [---] engagements "US Office CRE Mess Is Spread Far and Wide across Investors & Banks Globally #commercialrealestate #office" [X Link](https://x.com/FCNightingale/status/1755300881694621738) 2024-02-07T18:41Z 19K followers, [---] engagements "German bank warns of 'greatest real estate crisis since the financial crisis' as CRE contagion spreads. Loans sour as rising interest and vacancy rates erode value of office towers. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1755302963017400754) 2024-02-07T18:50Z 19K followers, [---] engagements "Chinese Developer R&F Sells 1B London Project One Nine Elms At Big Discount As Loan Default Looms Thespecial-purpose vehicle that owns the property has a total of 897M of debt. #commercialrealestate #London" [X Link](https://x.com/FCNightingale/status/1755309923569680825) 2024-02-07T19:17Z 19K followers, [--] engagements ""I'd be terrified to rent out my home in Atlanta" Staggering [----] homes in the Georgia city are estimated to be occupied by SQUATTERS Evicting squatters can take over six months with backlogs in the courts and overwhelmed police forces #realestate #SFR" [X Link](https://x.com/FCNightingale/status/1755364450335432735) 2024-02-07T22:54Z 19K followers, [---] engagements "Zombie Offices Spell Trouble for Some Banks Bank tremors serve as a reminder: Just because a crisis hasnt hit immediately doesnt mean commercial real estate pain isnt coming. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1755691727656980817) 2024-02-08T20:35Z 19K followers, [---] engagements "High commercial real estate vacancies are expected to create some stress for smaller banks Treasury Secretary Janet Yellen said The council is also closely monitoring non-traditional banking institutions specifically non-bank mortgage lenders" [X Link](https://x.com/FCNightingale/status/1755692880096616823) 2024-02-08T20:39Z 19K followers, [--] engagements "@TripleNetInvest Valued at $35 million in [----]. Now the punch line: It was a successful auction sale. We had [--] registered bidders said Steven Silverman senior vice president of Friedman Real Estate in Detroit which handled the sale" [X Link](https://x.com/FCNightingale/status/1756002320532353473) 2024-02-09T17:09Z 19K followers, [----] engagements "@BankerWeimar So here we go: Hershey outlined a new [--] year restructuring program that would generate about $300 million in pre-tax savings after projecting annual sales and profit below Wall Street expectations. The restructuring will impact less than 5% of the company's workforce" [X Link](https://x.com/FCNightingale/status/1756075175869612354) 2024-02-09T21:58Z 19K followers, [--] engagements "Los Angeles Officials Start Process That May Lead to Takeover of GraffitiedSkyscraper City Council To Vote on Ordering Developer China Oceanwide To Fix Problems at Stalled Project #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1756092096094625951) 2024-02-09T23:05Z 19K followers, [---] engagements "Office vacancies hit all-time highs on the city fringes A flood of new buildings in Sydneys Parramatta and a drain of workers from St Kilda Road to Cremorne in Melbourne are compounding leasing difficulties for some office landlords. #Australia #CRE" [X Link](https://x.com/FCNightingale/status/1756102633176137806) 2024-02-09T23:47Z 19K followers, [---] engagements "Graffiti Artists Tag [--] Floors of Abandoned Skyscraper in Los Angeles The street art brought new attention to a $1 billion project thats been stalled since [----]. #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1756104747264750024) 2024-02-09T23:56Z 19K followers, [---] engagements "@MarioNawfal Hong Kong's High Court has issued an order to liquidate China Oceanwide Holdings Ltd. the developer behind Los Angeles' Oceanwide Plaza following a similar order in Bermuda in September" [X Link](https://x.com/FCNightingale/status/1756735767550845035) 2024-02-11T17:43Z 19K followers, [--] engagements "Nearly [----] banks with assets less than $100B had CRE loans outstanding greater than 300% of equity. Valley's CRE holdings as a percentage of its total risk based capital was at 479% in the 4th quarter while OceanFirst was at 447%. NYCB had a ratio of 468% in the 3rd quarter. Chart is a bit dishonest given many of these charters are owned by same Bank Holding Company. Just off top of head I believe Flagstar and NYCB merged. Umpqua owned by Columbia $COLB (Thats another one Im likely buying longer dated puts on now) (Link w/o paywall in comments) https://t.co/iNHe2KxOBA Chart is a bit" [X Link](https://x.com/FCNightingale/status/1757109168064848297) 2024-02-12T18:27Z 19K followers, [---] engagements "A Pleasanton office complex mainly occupied by Clorox the consumer and household products titan has sold for $73.5M. The [------] SF complex was purchased in [----] for $113.5M #commercialrealestate" [X Link](https://x.com/FCNightingale/status/1757474827223388180) 2024-02-13T18:40Z 19K followers, [--] engagements "Blackstone Inc. has aborted a plan to sell a Canary Wharf office building as fears about the future of the district weigh heavily on buyer sentiment. #commercialrealestate #UK https://finance.yahoo.com/news/blackstone-aborts-canary-wharf-sale-140530868.html https://finance.yahoo.com/news/blackstone-aborts-canary-wharf-sale-140530868.html" [X Link](https://x.com/FCNightingale/status/1757833083057758684) 2024-02-14T18:24Z 25.1K followers, [--] engagements ""Two that I would highlight are going to be Zions ZION and M&T Bank MTB. They have the highest amount of commercial real estate exposure as compared to the amount of capital that they have. They also have very high amounts of office space exposure." #CRE" [X Link](https://x.com/FCNightingale/status/1757848069742170562) 2024-02-14T19:23Z 19K followers, [--] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@FCNightingale Nightingale Associates
Nightingale Associates posts on X about commercial real estate, debt, auction, investment the most. They currently have [------] followers and [----] posts still getting attention that total [-------] engagements in the last [--] hours.
Engagements: [-------] #
- [--] Week [-------] -16%
- [--] Month [---------] +184%
- [--] Months [----------] +629%
- [--] Year [----------] +396%
Mentions: [--] #
- [--] Week [---] +18%
- [--] Month [---] +55%
- [--] Months [-----] +201%
- [--] Year [-----] +1.70%
Followers: [------] #
- [--] Week [------] +0.91%
- [--] Month [------] +5%
- [--] Months [------] +17%
- [--] Year [------] +29%
CreatorRank: [-------] #
Social Influence
Social category influence finance stocks travel destinations countries automotive brands technology brands fashion brands luxury brands currencies cryptocurrencies
Social topic influence commercial real estate, debt #124, auction #273, investment #460, sf, china, new york city, los angeles, insurance, new york #2282
Top accounts mentioned or mentioned by @dimartinobooth @triplenetinvest @bankerweimar @m3melody @vladtheinflator @treppwire @aryal1994 @danjmcnamara @realjohngaltfla @crustytumor @cxcarroll @waquoitwonder @wstpacglenn @sulam00731161 @jgnuke @scottbrobinson1 @qianjunbefanis @doughnuts @jimmydean197 @xyzqg6
Top assets mentioned Marriott International Inc (MAR) Hertz Global Holdings, Inc Common Stock (HTZ) Bank of America (BAC) PacWest Bancorp (PACW) Ameriprise Financial, Inc. (AMP) Morgan Stanley (MS)
Top Social Posts
Top posts by engagements in the last [--] hours
""Every time Ive failed people had me out for the count but I always come back." "I am not the richest smartest or most talented person in the world but I succeed because I keep going and going and going.-Sylvester Stallone #motivation #inspiration #determination"
X Link 2019-04-17T03:07Z 21.1K followers, [--] engagements
"How Indianapolis Colts defensive back Kenny Moore saved a dog's life and possibly a young man's life as well. #motivation #inspiration #salvation #redemption #hope https://www.albertbridgecapital.com/drew-views/2019/6/17/stay-in-the-game https://www.albertbridgecapital.com/drew-views/2019/6/17/stay-in-the-game"
X Link 2019-06-19T03:33Z 20.9K followers, [--] engagements
""Every time Ive failed people had me out for the count but I always come back." "I am not the richest smartest or most talented person in the world but I succeed because I keep going and going and going.- Sylvester Stallone #determination #motivation #inspiration"
X Link 2020-08-12T22:45Z 21.1K followers, [--] engagements
"Moody's has downgraded the credit ratings of seven real estate giants in China due to concerns over liquidity risks: Greenland Holdings Yango Group China Aoyuan Kaisa Group Shinsun Holdings Group R&F Properties Zhongliang Holdings https://www.firstpost.com/world/moodys-downgrades-credit-rating-of-seven-chinese-giants-move-set-to-make-borrowing-difficult-10072931.html https://www.firstpost.com/world/moodys-downgrades-credit-rating-of-seven-chinese-giants-move-set-to-make-borrowing-difficult-10072931.html"
X Link 2021-10-21T19:17Z 23K followers, [--] engagements
"Ma Jianrong chairs Shenzhou International Group of Ningbo which counts Nike and Uniqlo as customers His fortune rose to $12.7 billion this year Garments and textiles are big business for China Exports totaled $140 billion in the first [--] months of [----] https://www.forbes.com/sites/russellflannery/2021/11/03/nike-suppliers-wealth-gains-despite-supply-chain-disruption/sh=8beb36e7cab0 https://www.forbes.com/sites/russellflannery/2021/11/03/nike-suppliers-wealth-gains-despite-supply-chain-disruption/sh=8beb36e7cab0"
X Link 2021-11-04T04:10Z 22.3K followers, [--] engagements
"France reported [------] new COVID-19 cases on Friday the highest-ever recorded total as the country prepared for subdued New Year celebrations with many fireworks events cancelled and people told to mask up. #CovidFrance #NewYear2022 https://wtvbam.com/2021/12/31/france-reports-a-record-232200-new-coronavirus-cases/ https://wtvbam.com/2021/12/31/france-reports-a-record-232200-new-coronavirus-cases/"
X Link 2021-12-31T20:38Z 21.2K followers, [--] engagements
"Under pressure from authorities Chinese property firm Kaisa Group Holdings Ltd is working furiously to come up with a feasible plan to repay wealth product investors two sources with direct knowledge of the matter said. https://www.reuters.com/markets/rates-bonds/exclusive-chinas-kaisa-pressured-by-local-government-repay-wealth-product-2022-01-07/ https://www.reuters.com/markets/rates-bonds/exclusive-chinas-kaisa-pressured-by-local-government-repay-wealth-product-2022-01-07/"
X Link 2022-01-07T18:27Z 23K followers, [--] engagements
"Yuzhou Group said that it will not pay the principal and interest on untendered dollar bonds due on Tuesday and did not make the payment on another bond tranche due on Sunday. The total principal amount due on the notes was close to US$105 million #China https://www.scmp.com/business/banking-finance/article/3164500/chinese-developer-yuzhou-warns-bond-defaults-amid-mounting https://www.scmp.com/business/banking-finance/article/3164500/chinese-developer-yuzhou-warns-bond-defaults-amid-mounting"
X Link 2022-01-25T00:55Z 22.4K followers, [--] engagements
"Fitch Ratings - Hong Kong - [--] Feb 2022: Fitch Ratings has downgraded China-based property developer Zhenro Properties Group Limited's Long-Term Issuer Default Rating (IDR) to 'C' from 'B'. https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-zhenro-properties-to-c-on-distressed-debt-exchange-off-rwn-21-02-2022 https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-zhenro-properties-to-c-on-distressed-debt-exchange-off-rwn-21-02-2022"
X Link 2022-02-21T20:35Z 23.5K followers, [--] engagements
"PWC resigned as the auditor of Guangzhou R&F on April [--] ceased acting for Shimao a day later Grant Thornton resigned from Kaisa Group Holdings on April [--] Deloitte stepped down at China Aoyuan on January [--] #China #RealEstate https://www.scmp.com/business/article/3176102/pwc-and-grant-thornton-quit-auditors-rf-kaisa-and-shimao-covid-19-controlsutm_source=Twitter&utm_medium=share_widget&utm_campaign=3176102 https://www.scmp.com/business/article/3176102/pwc-and-grant-thornton-quit-auditors-rf-kaisa-and-shimao-covid-19-controlsutm_source=Twitter&utm_medium=share_widget&utm_campaign=3176102"
X Link 2022-05-04T16:18Z 23K followers, [--] engagements
"Hormel Foods Corp.'s profit slid in its fourth quarter as consumers bought fewer Jennie-O Turkey and other refrigerated food products. #economy #ConsumerSpending https://www.startribune.com/hormels-stock-falls-on-muted-2023-outlook/600231447/ https://www.startribune.com/hormels-stock-falls-on-muted-2023-outlook/600231447/"
X Link 2022-11-30T18:46Z 21.1K followers, [--] engagements
"Celsius Network has just won ownership of the $4.2 billion worth of crypto deposited by its customers according to WSJ. This move now allows the bankrupt platform to use the funds however it wants. #CryptoNews #cryptotrading #Celsius https://www.wsj.com/amp/articles/celsius-network-wins-ownership-rights-to-customer-crypto-deposits-11672865422 https://www.wsj.com/amp/articles/celsius-network-wins-ownership-rights-to-customer-crypto-deposits-11672865422"
X Link 2023-01-05T03:38Z 21K followers, [--] engagements
"Sherwin-Williams Co. issued lackluster sales and earnings guidance for [----] as the company braces for macroeconomic pressures to weigh on demand. #economy #recession #recession2023 https://www.marketwatch.com/story/sherwin-williams-issues-soft-2023-guidance-bracing-for-slowdown-271674737106 https://www.marketwatch.com/story/sherwin-williams-issues-soft-2023-guidance-bracing-for-slowdown-271674737106"
X Link 2023-01-26T19:56Z 21.4K followers, [--] engagements
"Chemicals giant Dow Inc missed Wall Street estimates for fourth-quarter results; hurt by higher energy costs weaker demand and supply chain disruptions Dow said it would cut about [----] jobs or about 5% of its workforce. #economy #recession2023 https://www.cnbc.com/2023/01/26/dow-is-cutting-about-2000-jobs-or-5percent-of-workforce.htmlutm_content=Main&utm_medium=Social&utm_source=Twitter#Echobox=1674735485 https://www.cnbc.com/2023/01/26/dow-is-cutting-about-2000-jobs-or-5percent-of-workforce.htmlutm_content=Main&utm_medium=Social&utm_source=Twitter#Echobox=1674735485"
X Link 2023-01-27T02:34Z 20.9K followers, [--] engagements
""During the quarter elevated inflation and softening macroeconomic conditions negatively impacted our Global Paper business said CEO David B. Sewell. Westrock removed its FY23 outlook citing uncertain macroeconomic conditions. #economy #recession2023 https://finance.yahoo.com/news/westrock-plunges-q1-earnings-miss-150723081.html https://finance.yahoo.com/news/westrock-plunges-q1-earnings-miss-150723081.html"
X Link 2023-02-01T19:31Z 21.1K followers, [--] engagements
"Woodward Inc. a company that designs manufactures and services energy-conversion and control solutions for the aerospace and industrial equipment markets has laid off workers at its Northern Colorado operations. #layoffs #layoffs2023 #economy https://www.reporterherald.com/2023/02/28/layoffs-hit-woodwards-noco-operations/ https://www.reporterherald.com/2023/02/28/layoffs-hit-woodwards-noco-operations/"
X Link 2023-03-01T16:34Z 21.1K followers, [--] engagements
"Duke Energy Corp. has laid off more than [---] employees since the beginning of [----] as it strives for more efficiency and responds to the demands of a rapidly changing industry. #layoffs #layoffs2023 #economy https://www.wsoctv.com/news/local/duke-energy-details-layoffs-severance-costs-new-sec-filing/G2WPTJ4NGBFIDLJW2QTTI4TTYY/ https://www.wsoctv.com/news/local/duke-energy-details-layoffs-severance-costs-new-sec-filing/G2WPTJ4NGBFIDLJW2QTTI4TTYY/"
X Link 2023-03-01T16:37Z 22K followers, [--] engagements
"Blackstone Inc said on Wednesday it had blocked investors from cashing out their investments at its $71 billion real estate income trust (BREIT) as the private equity firm continues to grapple with a flurry of redemption requests. #CRE #realestate https://money.usnews.com/investing/news/articles/2023-03-01/blackstone-blocked-investor-withdrawals-from-71-billion-reit-in-february https://money.usnews.com/investing/news/articles/2023-03-01/blackstone-blocked-investor-withdrawals-from-71-billion-reit-in-february"
X Link 2023-03-01T18:29Z 21K followers, [--] engagements
"Total US bank equity capital is $2.2T Unrealized Loss Estimates: NYU Researchers $1.7T Andy Brenner NatAlliance Securities $1.9T Erica Xuewei Jiang Gregor Matvos Tomasz Piskorski Amit Seru $2.2T #BankingCrisis #FDIC #FederalReserve https://www.gsb.stanford.edu/faculty-research/working-papers/monetary-tightening-us-bank-fragility-2023-mark-market-losses https://www.gsb.stanford.edu/faculty-research/working-papers/monetary-tightening-us-bank-fragility-2023-mark-market-losses"
X Link 2023-05-04T01:06Z 20.9K followers, [---] engagements
"KENNEDY-WILSON 8-K Re: Pacwest The Company expects to complete the Transaction with partners. The Company currently expects its total investment in the Transaction to be between 2.5% and 5.0% of the purchase price and future funding obligations. #PACW"
X Link 2023-05-22T20:40Z 18.9K followers, [--] engagements
"@Stimpyz1 @danjmcnamara KENNEDY-WILSON 8-K Re: Pacwest The Company expects to complete the Transaction with partners. The Company currently expects its total investment in the Transaction to be between 2.5% and 5.0% of the purchase price and future funding obligations"
X Link 2023-05-22T20:49Z 18.9K followers, [--] engagements
"@biancoresearch KENNEDY-WILSON 8-K Re: Pacwest The Company expects to complete the Transaction with partners. The Company currently expects its total investment in the Transaction to be between 2.5% and 5.0% of the purchase price and future funding obligations"
X Link 2023-05-23T16:35Z 18.9K followers, [--] engagements
"PacWest Offloads Real-Estate Lending Business To Roc360 Roc360 would take on the companys business operationsits data intellectual property brand and workforce but not Civics previously extended loans or loan-servicing operations. #PACW"
X Link 2023-05-24T15:27Z 18.8K followers, [--] engagements
"Blackstone Inc. began talks with its lenders about options on a maturing $309.8 million senior loan on a [---] millionsquarefoot office complex in the River North section of Chicago. [---] N. Orleans St #CRE #commercialrealestate https://www.marketwatch.com/story/blackstone-meets-with-lenders-on-chicago-office-building-an-investment-it-wrote-down-to-zero-last-year-7942e33b https://www.marketwatch.com/story/blackstone-meets-with-lenders-on-chicago-office-building-an-investment-it-wrote-down-to-zero-last-year-7942e33b"
X Link 2023-05-25T00:14Z 20K followers, [--] engagements
"EY Plaza is the secondBrookfield-affiliated downtown office towerto be placed in receivership as the office giant's concerns mount in Los Angeles. #CRE #commercialrealestate"
X Link 2023-05-25T23:41Z 18.8K followers, [--] engagements
"Norfolk City Council will discuss acquiring the struggling downtown MacArthur Center mall for $18M. July [----] assessment $51.8M. Starwood Property Trustbought the mall in [----] for $265.5M. 62% vacant @DiMartinoBooth #commercialrealestate #retail https://www.virginiabusiness.com/article/norfolk-eyes-18m-purchase-of-macarthur-center-mall/ https://www.virginiabusiness.com/article/norfolk-eyes-18m-purchase-of-macarthur-center-mall/"
X Link 2023-06-08T20:36Z 24.1K followers, [--] engagements
"(Bloomberg) -- Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for [--] Courtyard by Marriott hotels. #commercialrealestate https://finance.yahoo.com/news/cerberus-highgate-miss-payments-415-174325913.html https://finance.yahoo.com/news/cerberus-highgate-miss-payments-415-174325913.html"
X Link 2023-07-24T20:31Z 21.6K followers, [--] engagements
"Lender Foreclosing on Adventus' Riverway Office Loan The Canadian real estate investment trust is delinquent on a $114 million loan secured by the Riverway property at [----] West Higgins Road. #commercialrealestate"
X Link 2023-07-24T22:41Z 18.9K followers, [--] engagements
"Hundreds of government employees in San Francisco told to work from home due to the high levels of crime in the area report says. #lawenforcement #safety #society https://news.yahoo.com/hundreds-government-employees-san-francisco-164505153.html https://news.yahoo.com/hundreds-government-employees-san-francisco-164505153.html"
X Link 2023-08-12T22:09Z 22.1K followers, [--] engagements
"Argentina's central bank will raise the benchmark interest rate to 118% from 97% previously an official source said on Monday in a bid to cushion the shock of a surprise primary election win by a far-right libertarian candidate that has spooked markets"
X Link 2023-08-14T16:05Z 18.9K followers, [--] engagements
"DASIN Retail Trust has received a notice of default occurring under a Singapore dollar and US dollar denominated offshore syndicated term loan facility of up to S$430 million"
X Link 2023-08-15T19:52Z 18.9K followers, [--] engagements
"Japan local banks' loan loss provisions jump 70% Bankruptcies and defaults are up due to labor shortages and rising prices https://asia.nikkei.com/Business/Finance/Japan-local-banks-loan-loss-provisions-jump-70-as-inflation-hits-borrowers https://asia.nikkei.com/Business/Finance/Japan-local-banks-loan-loss-provisions-jump-70-as-inflation-hits-borrowers"
X Link 2023-08-15T19:53Z 19.7K followers, [--] engagements
"China Evergrande the world's most indebted property developer filed for chapter [--] bankruptcy in New York which would recognize and give effect to the offshore proceedings for [--] Evergrande companies based in Hong Kong British Virgin Islands and Cayman Islands respectively"
X Link 2023-08-18T00:37Z 18.8K followers, [--] engagements
"Bank of England warns on corporate default risk Share of UK companies facing debt stress will rise to 50% by the year-end says analysis"
X Link 2023-08-22T17:41Z 18.8K followers, [--] engagements
"U.S. Treasury yields rose Friday after Federal Reserve Chairman Jerome Powell signaled more rate hikes could be ahead and reiterated his stance against inflation"
X Link 2023-08-25T20:13Z 18.8K followers, [--] engagements
"The time is fast approaching when the City of Crystal River will decide whether to go forward with foreclosure proceedings at the abandoned shopping plaza that has been referred to as The [---] which is the address on the northbound side of U.S. 19"
X Link 2023-08-26T18:00Z 18.9K followers, [--] engagements
"The Singapore-based Manulife US REIT has downgraded the value of the 536000-square-foot tower at [----] Michelson Drive to $256 million. Before the pandemic it was valued at $345 million"
X Link 2023-08-30T17:51Z 18.9K followers, [---] engagements
"Dave Portnoy admits Barstool Sports is undergoing layoffs with founder claiming the company is 'losing a lot' after he bought it back from PENN Entertainment. https://www.dailymail.co.uk/sport/othersports/article-12463493/Dave-Portnoy-admits-Barstool-Sports-undergoing-layoffs-founder-claiming-company-losing-lot-bought-PENN-Entertainment.html https://www.dailymail.co.uk/sport/othersports/article-12463493/Dave-Portnoy-admits-Barstool-Sports-undergoing-layoffs-founder-claiming-company-losing-lot-bought-PENN-Entertainment.html"
X Link 2023-08-30T23:48Z 20.8K followers, [----] engagements
"Russia linked hackers have targeted the United Kingdom Ministry of Defence and leaked thousands of documents online according to a report. #CyberSecurity #CyberAttack"
X Link 2023-09-03T02:05Z 18.9K followers, [--] engagements
"Country Garden survives one debt deadline. The next is just days away. #China"
X Link 2023-09-04T17:07Z 18.8K followers, [--] engagements
"WeWork tells landlords it intends to renegotiate nearly all its leases. Struggling company informed landlords of plan on conference call Wednesday morning. #commercialrealestate"
X Link 2023-09-06T18:04Z 18.9K followers, [--] engagements
"FSB warns of risks posed by hedge funds hidden leverage Within the hedge fund sector there is a group of funds typically pursuing macro and relative-value strategies with very high levels of synthetic leverage"
X Link 2023-09-06T20:11Z 18.9K followers, [--] engagements
"A cybersecurity issue led to the shutdown of some casino and hotel computer systems at MGM Resorts International properties across the U.S. a company official reported Monday. #CyberSecurity #CyberAttack https://www.cnbc.com/2023/09/11/cybersecurity-issue-prompts-computer-shutdowns-at-mgm-resorts-properties-across-us.html https://www.cnbc.com/2023/09/11/cybersecurity-issue-prompts-computer-shutdowns-at-mgm-resorts-properties-across-us.html"
X Link 2023-09-11T20:08Z 20K followers, [---] engagements
"Mossad chief David Barnea revealed on Sunday that over the past year the Israeli spy agency and its allies have foiled [--] attempted attacks by Iran on Israelis and Jewish targets around the world"
X Link 2023-09-11T20:58Z 18.8K followers, [--] engagements
"In his first visit to Beijing since [----] Venezuelan President Nicolas Maduro arrived in Beijing to conclude his one-week trip tp the country with a meeting with Chinese President Xi Jinping. #China #Venezuela #geopolitics"
X Link 2023-09-12T17:50Z 18.8K followers, [--] engagements
"ALPHV also known as BlackCat claimed responsibility for the attack by using social engineering to identify on LinkedIn an MGM employee who worked in IT support. The next step was simply to call the MGM help desk. #CyberAttack #CyberSecurity #MGMHack"
X Link 2023-09-13T16:58Z 18.8K followers, [--] engagements
"MGM Resorts breach is costing the casino giant 'every minute' after hacker gang known as BlackCat infiltrated them in [--] MINUTES using an employee's name and a phone call. #MGMHack #CyberAttack #CyberSecurity"
X Link 2023-09-13T16:59Z 18.8K followers, [----] engagements
"First Financial a Cincinnati bank has filed to foreclose on the office building at [----] Superior Ave. Cleveland The bank says in court documents the building owner's mortgage with a $9.7M balance matured and hasn't been repaid #commercialrealestate"
X Link 2023-09-14T01:56Z 18.8K followers, [--] engagements
"Researchers at Kroll Bond Rating Agency reported distressed loans within private-label commercial-backed mortgage securities climbed up to 6.8% or $40.7 billion by the end of August [----] up from 4.5% at the close of second quarter 2022"
X Link 2023-09-14T02:10Z 18.8K followers, [--] engagements
"Fitch Ratings is cutting its forecasts for global GDP growth For Canada Fitch also reduced its forecasts for this year and next to 1.1% and 0.7% respectively #economy"
X Link 2023-09-14T02:32Z 18.9K followers, [--] engagements
"City National Bank of Florida sued an affiliate of Levys Time Century Holdings and its minority partners in Miami-Dade Circuit Court for allegedly failing to make payments on a $27.2 million construction loan among other defaults. #commercialrealestate"
X Link 2023-09-14T16:34Z 18.8K followers, [--] engagements
"Caesars Entertainment reportedly paid "tens of millions of dollars" to hackers who threatened to release company data Bloomberg reported The attack was reportedly perpetrated by a group called Scattered Spider (aka UNC 3944) #CyberSecurity #CyberAttack"
X Link 2023-09-14T16:41Z 18.9K followers, [--] engagements
"Five days after a cyberattack crippled operations of MGM Resorts International including its signature Las Vegas properties the Bellagio and the MGM Grand the company said Thursday morning it is still working to resolve issues. #CyberSecurity https://abcnews.go.com/Business/mgm-reeling-cyber-chaos-5-days-after-attack/storyid=103148809 https://abcnews.go.com/Business/mgm-reeling-cyber-chaos-5-days-after-attack/storyid=103148809"
X Link 2023-09-14T16:45Z 20K followers, [---] engagements
"The ransomware group allegedly took hold of MGMs computer systems in [--] simple steps according to vx-underground. All ALPHV ransomware group did to compromise MGM Resorts was hop on LinkedIn find an employee then call the Help Desk #CyberSecurity"
X Link 2023-09-14T16:49Z 18.9K followers, [---] engagements
"Canopy Growth Corp. has ceased funding to its BioSteel Sports Nutrition Inc. business unit and commenced bankruptcy proceedings the embattled Canadian cannabis producer announced Sept. [--]. #strategy"
X Link 2023-09-14T18:31Z 18.8K followers, [--] engagements
"Just weeks before closing its doors and dismissing thousands of employees Yellow Corp. doled out millions of dollars in bonuses to executives so they wouldnt leave the trucking firm during its chaotic unraveling #supplychain #freight"
X Link 2023-09-14T18:35Z 18.9K followers, [--] engagements
"Prince Faisal heads Saudi delegation to G77+China summit in Cuba The summit will discussdevelopments on the international scene and the challenges that the world is facing Saudi PressAgency reported. #geopolitics #strategy"
X Link 2023-09-14T20:33Z 18.8K followers, [--] engagements
"Affiliate of Texas REIT Seeks Bankruptcy Protection As It Sells Real EstatePortfolio Silver Star Properties' Subsidiary Hartman SPE Plans To Sell Part of $400 Million Portfolio #commercialrealestate"
X Link 2023-09-19T23:16Z 18.9K followers, [--] engagements
"His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah and Chinese President Xi Jinping held summit talks at the West Lake in Hangzhou China on Friday. #Kuwait #geopolitics"
X Link 2023-09-23T19:06Z 18.8K followers, [--] engagements
"Target says it will close nine stores in major cities citing violence and theft. Target is closing locations in New York City Seattle San Francisco and Portland. #retail #lawenforcement"
X Link 2023-09-26T20:22Z 18.9K followers, [--] engagements
"The potential for more cracks to emerge in the banking sector is seen as the greatest area of concern for global insurers overseeing $29T in assets. "Banks are most vulnerable to rising rates because of the Treasurys they hold on their balance sheet""
X Link 2023-09-27T20:14Z 18.8K followers, [--] engagements
"US Pending Home Sales Index Slides to Lowest Level Since [----] NAR index of contract signings declined 7.1% in August to 71.8"
X Link 2023-09-28T16:44Z 18.9K followers, [--] engagements
"CarMax earnings per share fell 5% to $.75. Revenue slid 13% to $7.07 billion. This marks the seventh straight quarter of earnings declines as well as the fourth consecutive quarter of falling revenue. #autos #economy #consumer"
X Link 2023-09-28T17:37Z 18.8K followers, [--] engagements
"The future of a253K SFUptown Dallasoffice building with a$16.45M loan approaching maturity is in jeopardy amid its Houston-based owners inability to refinance and an ongoing legal battle with a limited partner. #commercialrealestate"
X Link 2023-09-29T04:15Z 18.8K followers, [--] engagements
"Shorenstein Properties defaulted on a $350M CMBS loan tied to [----] Broadway a 1.1M SF office property. Meadow Partners and Somerset Partners joint venture handed [---] East 42nd St. a 237K SF office property back to lender Fortress Investment Group"
X Link 2023-09-29T04:25Z 18.8K followers, [--] engagements
"A growing wave of mortgage defaults is hitting San Francisco office buildings an ominous trend for both cash-strapped owners and City Hall which faces a looming annual budget deficit that could top $1 billion within the next few years"
X Link 2023-09-29T04:37Z 18.9K followers, [--] engagements
"San Francisco sees surge in office defaults with more on the horizon. Property owners struggle with higher interest rates and record vacancy of 34%. #commercialrealestate"
X Link 2023-10-03T23:10Z 18.9K followers, [--] engagements
"More San Francisco office buildings heading for default. #commercialrealestate"
X Link 2023-10-04T20:10Z 18.9K followers, [--] engagements
"Office Markets in San Francisco & Silicon Valley Get Even Worse Availability rate in Q3 spiked to 36% in San Francisco. Sublease space nearly doubled YoY in Silicon Valley. Leasing activity collapsed. More landlords default. #commercialrealestate #CMBS"
X Link 2023-10-04T20:19Z 18.8K followers, [--] engagements
"Seized Office Floor In Hong Kongs Central Sold For 56% Off [----] Price. 23rd floor of Bank of America Tower Purchased [----] for HK$700 million Sold for HK$305.36 million @BankerWeimar #commercialrealestate"
X Link 2023-10-04T20:42Z 18.9K followers, [----] engagements
"After narrowly dodging default on $240 million in distressed loans in May the owners of Fair Oaks Mall in Fairfax the region's second-largest shopping center are again facing a deadline to work out a deal to repay the debt in the coming weeks"
X Link 2023-10-06T20:58Z 18.8K followers, [--] engagements
"@TreppWire @WBJonline The Business Journal reported Tuesday that Metropolitan Square had sold for $305 million to Artemis Real Estate Partners. But sources tell us the owners gave the building back to Artemis which held the mezzanine loan valued at $83.17 million"
X Link 2023-10-07T19:17Z 18.8K followers, [--] engagements
"The real estate firm that foreclosed on the former Scott Foresman campus in Glenview last year has put it back up for sale after local planning officials rejected a plan to turn the vacant campus into rental housing. #commercialrealestate"
X Link 2023-10-10T01:37Z 18.8K followers, [--] engagements
"Receiver Appointed for Struggling San Francisco Centre The lenders claim that Westfield entities have defaulted on $558 million in outstanding debt accumulating $5.6 million in additional interest and fees. #commercialrealestate https://offplanpropertyexchange.com/news/struggling-downtown-san-francisco-mall-could-be-headed-for-sale/234819/ https://offplanpropertyexchange.com/news/struggling-downtown-san-francisco-mall-could-be-headed-for-sale/234819/"
X Link 2023-10-11T02:36Z 21K followers, [--] engagements
"A foreclosure auction for a set of buildings in Little Italy was canceled on Wednesday after a bankruptcy filing by the property owner. #commercialrealestate #Baltimore"
X Link 2023-10-12T01:39Z 18.8K followers, [--] engagements
"Jamestown LP has been served with notices of default on loans backed by [--] San Francisco office buildings. A loan of about $61M for the Rialto Building at [---] New Montgomery Street and a $32.5M loan backed by [---] Market Street. #commercialrealestate"
X Link 2023-10-13T17:42Z 18.8K followers, [--] engagements
"Trophy office landlord Beacon Capital Partners is booting fellow real estate player Enlivant from its Chicago headquarters amid the tenants layoffs of hundreds of corporate employees. #commercialrealestate"
X Link 2023-10-14T03:38Z 18.9K followers, [--] engagements
"M&T Bank CFO Daryl Bible told investors on an earnings call that he expected the banks 10-Q to show a greater level of criticized loans. Estimated that loans with a default risk would be up by a mid to high single-digit percent. #commercialrealestate"
X Link 2023-10-19T01:30Z 18.9K followers, [--] engagements
"Lenders have initiated the foreclosure processon a financially troubled office tower in Dallas. Pillarstone Capital REIT said in a SEC Commission filing in August that it had defaulted on the $16.5M loan for Uptown Tower at [----] North Central Expressway"
X Link 2023-10-19T01:35Z 18.8K followers, [--] engagements
"The value of buildings in bankruptcy repossessed by lenders or in the process of liquidation increased by a net $5.6 billion during Q3 according to data from MSCI Real Assets. Office properties alone accounted for 41% of the $79.7 billion total. #CRE https://www.connectcre.com/stories/cre-distress-reaches-highest-level-since-2013/ https://www.connectcre.com/stories/cre-distress-reaches-highest-level-since-2013/"
X Link 2023-10-19T17:41Z 23.4K followers, [--] engagements
"The loan backing the 30-story Bank of America Plaza at [---] Market St. entered default in August. The Aug. [--] default can be blamed on decreasing occupancy and cash flow shortfalls #commercialrealestate #StLouis"
X Link 2023-10-24T17:05Z 18.8K followers, [--] engagements
"Community Bank reported a surge in bad debts. The cause: office properties. Across the bank's loan portfolio charge-offs or debt deemed nonrecoverable rose to $26M in the third quarter up from just $1M in the same period last year"
X Link 2023-10-26T23:43Z 18.8K followers, [--] engagements
"WeWork Plans to File for Bankruptcy as Early as Next Week. Once a venture capital-backed star with an astronomical valuation the flexible-office-space provider is now preparing for chapter [--] protection. @BankerWeimar #commercialreakestate"
X Link 2023-10-31T21:15Z 18.8K followers, [---] engagements
"Rubicon Point Partners has bought a 137600-square-foot office building in San Franciscos South of Market for $73 million close to half what it traded for in [----]. #commercialrealestate"
X Link 2023-10-31T21:44Z 18.8K followers, [--] engagements
"The Arbor condominium project in Coconut Grove. The developer ofan unfinished 48-unit Coconut Grove condo project has handed over the deedto the siteafter its lender pushed forforeclosure. #RealEstate #Miami"
X Link 2023-11-03T19:59Z 18.8K followers, [--] engagements
"'Debt storm' for the West Midlands The advisory firm says rising interest rates debt subdued consumer confidence high energy costs and wider economic uncertainty are putting "considerable financial pressure" on West Midlands businesses. #UK #economy"
X Link 2023-11-06T16:16Z 18.8K followers, [--] engagements
"Multifamily delinquency the $92M Juxt Seattle Office delinquencies: One Stamford Forum $91M Regions Tower Indianapolis $78M Retail delinquency the Fashion Outlets of Niagara Falls $86M #commercialrealestate"
X Link 2023-11-06T21:11Z 18.8K followers, [--] engagements
"WeWork once valued at $47 billion files for bankruptcy. #commercialrealestate"
X Link 2023-11-07T14:40Z 18.8K followers, [--] engagements
"According to Trepp which analyzes CMBS WeWork is a top-five tenant at [--] office facilities behind more than $3.3 billion in CMBS debt across [--] deals. #commercialrealestate #WeWork"
X Link 2023-11-07T14:47Z 18.8K followers, [--] engagements
"WeWork has filed for Chapter [--] bankruptcy after it has spent its entire life burning huge amounts of cash raised from investors a total of $13.8 billion raised in [--] rounds much of it from SoftBank and SoftBanks Vision fund. #commercialrealestate"
X Link 2023-11-07T14:50Z 18.8K followers, [--] engagements
"The sale of Signature Banks $33 billion in commercial-property loans and other assets is expected to attract bids as much as 40% below face value offering new evidence of how much property prices have eroded"
X Link 2023-11-07T18:07Z 18.9K followers, [--] engagements
"Rene Benkos Signa Holding GmbH the part-owner of Selfridges and the Chrysler building is the latest casualty of a real estate crisis triggered by the end of near-zero interest rates and declining demand for office space. #commercialrealestate"
X Link 2023-11-07T18:17Z 18.8K followers, [---] engagements
"Former Location Ventures CEO Rishi Kapoor was named in an $11.75M foreclosure lawsuit over a 61444-square-foot office building of five stories at [---] Alhambra Circle Coral Gables. #commercialrealestate #Miami"
X Link 2023-11-10T03:45Z 18.9K followers, [--] engagements
"A lender has targeted more than half of the units in the Pelican Point at Boynton Beach Condominium with a $3.7 million foreclosure lawsuit. #realestate"
X Link 2023-11-10T03:50Z 18.8K followers, [--] engagements
"A third major Burger King franchisee declares bankruptcy. Premier Kings a 172-unit Alabama and Georgia operator declared Chapter [--] bankruptcy protection citing substantial operating losses. #economy #fastfood #BurgerKing"
X Link 2023-11-10T18:42Z 18.8K followers, [--] engagements
"Deutsche prepared to take $300M+ loss on hollowed-out FiDi office building at [---] Broadway. In [----] Deutsche Bank paid nearly $500M. Expected sale price between $150M and $200M. #commercialrealestate #NewYorkCity"
X Link 2023-11-17T03:23Z 18.8K followers, [---] engagements
"The loan on Tower Plaza had an interest rate of Libor plus [---] percent. When the loan was securitized in [----] the one-month Libor benchmark rate was less than [---] percent. As of Nov. [--] it was [---] percent"
X Link 2023-11-21T18:01Z 18.8K followers, [--] engagements
"Developer BPM defaults on $127M loan tied to Anaheims Viv Hotel. 326-key hospitality property stands about a mile from Disneyland and opened in [----]. @BankerWeimar #commercialrealestate"
X Link 2023-11-21T18:56Z 18.8K followers, [---] engagements
"Further subsidiaries of Austrian property group Signa are expected to file for insolvency as soon as this week. Switzerlands Julius Baer revealed that it had an exposure of more than [---] million Swiss francs ($677.58 million). #commercialrealestate"
X Link 2023-11-27T18:56Z 18.8K followers, [---] engagements
"Signa's Insolvency Risk Tees Up Question of Who Else' Signa the retail-and-property empire of tycoon Rene Benko is at risk of becoming one of Europe's largest property meltdowns since the global financial crisis. #commercialrealestate #Banks"
X Link 2023-11-27T19:25Z 18.8K followers, [---] engagements
"Greenland is set to lose control of the delayed 2nd phase of the 22-acre development formerly known as Atlantic Yards. The company has defaulted on nearly $350 million worth of loans tied to the six rental development sites of Pacific Parks Phase 2"
X Link 2023-11-28T01:07Z 18.8K followers, [--] engagements
"Morgan Stanley Barclays and Bank of America loaned Ashford Hospitality nearly $294M. Banks are suing Ashford over claims the real estate investment trust breached its contracts in defaulting on loans tied to [--] hotels in [--] states. #commercialrealestate"
X Link 2023-11-28T17:07Z 18.8K followers, [---] engagements
"Manulife US REIT has unveiled a recapitalisation proposal involving a $235.7M lifeline from its sponsor and a hoped for [--] year debt extension from creditors in an effort to rescue the Singapore exchanges most over-leveraged property trust #realestate"
X Link 2023-11-29T22:19Z 18.8K followers, [--] engagements
"Pinecrest office building targeted in foreclosure after loan boosts to 8% interest rate. Two neighboring offices are also currently in foreclosure. #commercialrealestate #Florida"
X Link 2023-11-30T20:43Z 18.8K followers, [--] engagements
"Signa Holding's insolvency has cast a spotlight on the complex structure of the debt-ridden Austrian property empire whose holdings span from New York's Chrysler building to shares in Britain's Selfridges department store. #commercialrealestate"
X Link 2023-12-01T15:46Z 18.8K followers, [--] engagements
"Of the [---] Galeria Karstadt Kaufhofbranches owned by Signa in [----] only [--] remain and this spring Galeria presented an insolvency plan to shore up its remaining subsidiaries That plan is now at risk as any remaining financing evaporates #Germany #retail"
X Link 2023-12-01T15:51Z 18.8K followers, [--] engagements
"Whitestone Uptown Tower LLC the owner of the Uptown Tower office building in Dallas has filed a Chapter [--] voluntary petition. Filing comes on the eve of a foreclosure sale of the property scheduled for December [--] [----]. #commercialrealestate"
X Link 2023-12-02T15:54Z 18.8K followers, [--] engagements
"Greenland USA defaulted on $350M in loans for Pacific Park FMB's apartment project in Van Nuys has filed for BK CA Ventures is delinquent on $75M loan for Chicago apartments Lender foreclosing on Retreat at Stafford apartments #commercialrealestate"
X Link 2023-12-02T18:49Z 18.8K followers, [--] engagements
"Among those most exposed to Signa is Raiffeisen which is thought to have lent Signa more than 750m and Julius Baer which is reportedly on the hook for 640m. Unicredit Credit Suisse and Commerzbank are also believed to be facing heavy losses"
X Link 2023-12-02T21:50Z 18.8K followers, [---] engagements
"KBS REIT sells Chicago office building [---] W. Institute Place for less than half what it paid in [----] Coastal Partners buys for $17M loft property that sold for $43.5M six years ago #commercialrealestate"
X Link 2023-12-05T17:19Z 18.8K followers, [--] engagements
"Moodys Analytics forecasted in 2024: $182B in maturing CRE loans $47B specifically in office. 76% of office CMBS loans face a considerable risk of being unrefinanced. @danjmcnamara @BankerWeimar #commercialrealestate"
X Link 2023-12-05T19:10Z 18.8K followers, [----] engagements
"Ashford Hospitality Trust hands back keys of five US hotels to lender. REIT says it is working with trust representing three banks to hand back keys to another [--] hotels in eight states. @BankerWeimar #commercialrealestate"
X Link 2023-12-06T22:56Z 18.8K followers, [---] engagements
"Owners of bankrupt Harrisburg housing complex weigh purchase offers Complex occupied [--] city blocks in the Camp Curtin Neighborhood has been plagued with myriad problems including dilapidated units that have been condemned. #multifamily #apartments"
X Link 2023-12-09T20:56Z 18.8K followers, [--] engagements
"Mall Owner PREIT Files for Chapter [--] for Second Time in ThreeYears Landlord Seeks To Reduce Debt in Restructuring While No Longer Operating as Public Company #commercialrealestate #retail"
X Link 2023-12-11T17:05Z 18.8K followers, [--] engagements
"Point Ruston LLCs vision was to create a bustling new upscale mini-city reaching into both Tacoma and Ruston. Two of its lenders TerraCotta Credit REIT and AURC III are seeking repayment totaling nearly $170M. #commercialrealestate"
X Link 2023-12-11T23:59Z 18.9K followers, [--] engagements
"Entire shopping centre sells for just [------] in market town that has lost Debenhams Topshop River Island and H&M - less than the average price of a British house. #commercialrealestate #WestWales #UK"
X Link 2023-12-13T14:52Z 18.9K followers, [--] engagements
"Surrender is just the latest in a slew of office property returns in San Francisco and across the Bay Area where office values have plummeted after a pandemic shift to remote work. At the same time mortgage rates have soared making refinancing difficult for building owners"
X Link 2023-12-13T15:01Z 18.8K followers, [---] engagements
"Ebix Inc a Nasdaq-listed company has filed for Chapter [--] bankruptcy protection in Northern Texas according to a Bloomberg report citing court filing. The company's liabilities are estimated to fall within the $500 million to $1 billion range"
X Link 2023-12-18T17:30Z 18.8K followers, [---] engagements
"Savanna signed over its [------] sq ft building at [----] Park Avenue in Harlem to its lender TPG Real Estate Finance Trust for a deed in lieu of foreclosure. Purchased in in [----] for $48M. #commercialrealestate https://therealdeal.com/new-york/2023/12/18/savanna-hands-back-keys-to-lender-on-harlem-office-building/tpcc=sprout_general&utm_campaign=sprout_general&utm_content=1702938662&utm_medium=The+Real+Deal&utm_source=twitter"
X Link 2023-12-19T15:33Z 19.6K followers, [--] engagements
"Royalton Park Avenue Hotel partners in danger of default. Last week Moodys downgraded a security holding the mortgage at [---] Park Avenue South in NoMad to deep junk status Crains reported. #commercialrealestate #NewYorkCity"
X Link 2023-12-19T15:38Z 18.8K followers, [--] engagements
"Washington-Area Office Default Risk Surpasses San Franciscos Loans of concern on offices in the US capital region climbed to 72% in Q3 topping San Franciscos 71% real estate data firm @TreppWire reported. @BankerWeimar #commercialrealestate https://www.bloomberg.com/news/articles/2023-12-18/washington-area-office-default-risk-surpasses-san-francisco-s https://www.bloomberg.com/news/articles/2023-12-18/washington-area-office-default-risk-surpasses-san-francisco-s"
X Link 2023-12-19T16:05Z 19.3K followers, [---] engagements
"DBRS Morningstar Downgrades [--] Class A/Class B office properties totaling approximately [---] million square feet in Arlington Virginia. $691M mortgage loan and $150M mezzanine loan in special servicing May [----]. #commercialrealestate"
X Link 2023-12-19T21:10Z 18.8K followers, [--] engagements
"After [--] years Pacific Park faces foreclosure and an uncertain future Current developer Greenland USA has defaulted on nearly $350M in loans attached to the projects second phase. #multifamily"
X Link 2023-12-19T21:20Z 18.8K followers, [--] engagements
"4 Office Buildings West of Chicago Handed Back to Lender As Voluntary Surrenders Rise Millbrook gives properties in Arboretum Lakes office complex in Lisle to Voya Financial affiliate by deeds in lieu of foreclosure @BankerWeimar #commercialrealestate https://www.costar.com/article/655737053/four-office-buildings-west-of-chicago-handed-back-to-lender-as-voluntary-surrenders-rise https://www.costar.com/article/655737053/four-office-buildings-west-of-chicago-handed-back-to-lender-as-voluntary-surrenders-rise"
X Link 2023-12-19T21:42Z 25.4K followers, [--] engagements
"A Los Angeles office building located near Century City and Beverly Hills at [----] Sepulveda Blvd sold for about 52% less than its price five years ago. Sold for $44.7M Purchased [----] for $92.5M #commercialrealestate #California https://www.bloomberg.com/news/articles/2023-12-26/los-angeles-office-building-sells-at-52-less-than-2018-priceutm_campaign=socialflow-organic&utm_source=twitter&cmpid%3D=socialflow-twitter-markets&utm_content=markets&utm_medium=social"
X Link 2023-12-26T17:01Z 21.6K followers, [--] engagements
"With roughly $1.7B in loans maturing in the next year KBS REIT III is at risk of default. Considering the current commercial real estate lending environment this raises substantial doubt as to KBS REIT IIIs ability to continue #commercialrealestate"
X Link 2023-12-26T17:25Z [--] followers, [--] engagements
"KBS REIT warns shareholders it could cease as a going concern Fund tied to Newport Beach firm says value of its properties has plunged by $350M. Owns more than $1.2B in office properties. #commercialrealestate"
X Link 2023-12-27T17:35Z 18.8K followers, [--] engagements
"Employees at the Columbia Mall in Grand Forks say they've heard little about the mall's upcoming auction. A portion of the building will be auctioned off after First International Bank and Trust filed a foreclosure case. #commercialrealestate"
X Link 2023-12-27T18:32Z 18.8K followers, [--] engagements
"@dgsommersmkts I also found this to be amazing: According to TreppWire Washington-Area Office Default Risk Surpasses San Franciscos Loans of concern on offices in the US capital region climbed to 72% in Q3 topping San Franciscos 71%"
X Link 2023-12-27T20:28Z [--] followers, [--] engagements
"East West Bank sued Vista Investment Group to initiate judicial foreclosure of the [------] sq ft office at [----] N. 1st St. in San Jose after Vista defaulted on a $25M loan on the property. #commercialrealestate"
X Link 2023-12-28T18:41Z 18.9K followers, [--] engagements
"16-story office property at [----] Old Georgetown Road in Bethesda Maryland sold to In-Rel Properties for $29.9M - 22% of the previous purchase price of $133.8M Previous owner spent $21M on renovations 40% leased as of the sale #commercialrealestate"
X Link 2024-01-04T20:55Z 18.9K followers, [--] engagements
"@TripleNetInvest 16-story office property at [----] Old Georgetown Road in Bethesda Maryland sold to In-Rel Properties for $29.9M - 22% of the previous purchase price of $133.8M in 2019"
X Link 2024-01-05T20:22Z 18.9K followers, [---] engagements
"Office availability in Los Angeles continue to set new records in the fourth quarter ending [----] at 26.7% The availability rate in DTLA surged to 29.7%. #commercialrealestate"
X Link 2024-01-05T20:27Z [--] followers, [--] engagements
"South Korea is in damage control mode trying to contain the damage from a construction firm debt crisis. Taeyong Engineering & Construction surprised the markets late last month with a request to reschedule payment terms for project financing loans"
X Link 2024-01-05T21:51Z 18.9K followers, [--] engagements
"The developers of a 143-unit apartment building in Long Island Cityhave fallen behind onmortgage payments after theinterest rate on their property more than doubled. #multifamily #NewYorkCity"
X Link 2024-01-05T21:54Z 18.8K followers, [--] engagements
"Facing nearly $2B in debt and declining ad revenue Philadelphia-based radio company Audacy is expected to file for Chapter [--] bankruptcy in the coming weeks the Wall Street Journal reported. Audacy owns [---] radio stations in the U.S"
X Link 2024-01-05T22:24Z 18.8K followers, [--] engagements
"@KobeissiLetter [--] story office building [----] Eye St. NW DC sells for $36M. Previously purchased for $100M. 16-story office property at [----] Old Georgetown Road in Bethesda Maryland sells for $29.9M - 22% of the previous purchase price of $133.8M"
X Link 2024-01-07T21:35Z 18.8K followers, [---] engagements
"Class A towers constructed between [----] and [----] had an availability rate of 12%. Those built between [----] and [----] had an availability rate of 18%. Those constructed prior to [----] had an availability rate of 22%. #commercialrealestate #Toronto"
X Link 2024-01-08T22:23Z 18.8K followers, [--] engagements
"165000 sq ft Westwood Terrace at [----] Sepulveda Blvd. sells for $44.7M. Sale price is 52% lower than its last price when the building sold in [----] for $92.5M. #commercialrealestate #Westwood https://labusinessjournal.com/real-estate/westwood-office-sells-for-45-million/ https://labusinessjournal.com/real-estate/westwood-office-sells-for-45-million/"
X Link 2024-01-09T02:11Z 21.6K followers, [--] engagements
"Steve Croman is on the hook for $35M after defaulting on a $23M loan backed by four multifamily properties 208-214 East 25th Street in Kips Bay. Extra $13M owed largely stems from the [--] percent default interest rate. #NewYorkCity #realestate"
X Link 2024-01-09T21:45Z 18.9K followers, [--] engagements
"Wanamaker building at [----] Market St. in Philadelphia Went into receivership in September 1.4M sq ft office space was 35% occupied as of the end of October Purchased for $200M in [----] #commercialrealestate"
X Link 2024-01-11T20:08Z 20.8K followers, [---] engagements
"Canadas national downtown office vacancy rate hit a record high of [----] per cent to end [----] according to data from commercial real estate and investment firm CBRE. #commercialrealestate #Canada"
X Link 2024-01-11T20:19Z 18.9K followers, [--] engagements
"A property in the Flagler Village neighborhood of Fort Lauderdale planned as a condo hotel is now subject to a $5.75M foreclosure lawsuit. Interest rate was variable at the Three Month Treasury Bill Rate plus [----] percentage points #commercialrealestate"
X Link 2024-01-12T21:16Z 18.8K followers, [---] engagements
"Sluggish Shanghai office market gives tenants chance to bargain on rents with landlords keen to attract or retain clients Tenants are either viewing different office buildings to reduce rentsor are seeking big discounts when negotiating lease renewals"
X Link 2024-01-12T22:08Z 18.9K followers, [--] engagements
"Los Angeles and Orange County have $21B in CMBS loans coming due in [----] Sixty percent of those loans tied to [---] properties in California are on watchlists or special servicing. #commercialrealestate #California"
X Link 2024-01-13T21:07Z 18.9K followers, [--] engagements
"@DiMartinoBooth Washington DC area has the highest share of office buildings with bank loans at risk of default -72% - Trepp LA and OC have $21B in CMBS loans coming due in [----]. 60% of those loans tied to [---] properties in California are on watchlists or special servicing TheRealDeal"
X Link 2024-01-15T02:44Z 18.9K followers, [---] engagements
"M&T: 27% of CRE loans show risk of default Medical offices and multifamily are behind the uptick. Doctors offices face reimbursement problems-tenants paying landlords for their share of property taxes insurance and maintenance costs. #Banking #CRE"
X Link 2024-01-18T19:20Z [--] followers, [--] engagements
"@tom_peters These Are the Plunderers: How Private Equity Runsand WrecksAmerica by Gretchen Morgenson"
X Link 2024-01-19T02:26Z 18.9K followers, [--] engagements
""It's a long movie" Wells Fargo CFO Michael Santomassimo told analysts asking about the outlook on commercial real estate. "We're past the opening credits but we're still in the beginning of the movie. And so it's going to take some time for this to play out.""
X Link 2024-01-19T13:19Z 18.8K followers, [--] engagements
"Federal judge puts all Location Ventures Rishi Kapoor companies in receivership: Location Ventures Urbin Patriots United and various entities that owned real estate in Miami Miami Beach and Montana"
X Link 2024-01-19T13:23Z 18.8K followers, [--] engagements
"@Starlink If you remove whatever is drastically limiting the visibility of my account I will have the ability to communicate in the US"
X Link 2024-01-19T18:22Z 18.9K followers, [--] engagements
"Los Angeles with 51M sq ft of vacant office space - 24% of the citys stock. In Orange County 18M sq ft of vacant office space - 19.6% of the regions stock. #commercialrealestate #California"
X Link 2024-01-22T20:08Z 18.9K followers, [--] engagements
"Financial distress in Downtown Los Angeles has extended beyond the office market. Realm and Bascom Group defaulted on a $32.9 million loan tied to a planned 36-story apartment tower. https://t.co/abkJQ9dc5f. https://t.co/abkJQ9dc5f"
X Link 2024-01-22T23:24Z 18.9K followers, [---] engagements
"Office vacancies in San Francisco's business core started the year at a record 35.6% according to real-estate firm CBRE. #CommercialRealEstate #SanFrancisco"
X Link 2024-01-23T00:02Z 18.9K followers, [---] engagements
"Blackrock Marketing Shanghai Office Complex At 30% Off As Vacancy Hits 20-Year High The overall Grade A office market continues to struggle with vacancy rates that have exceeded 20% for the first time in over two decades. #commercialrealestate #China"
X Link 2024-01-23T19:51Z [--] followers, [--] engagements
"Thorofare Capital Markets LA Arts District Property in Foreclosure Sale AtTraction [-----] sq ft in [--] adjacent buildings at [---] and [---] Traction Avenue. Transferred by deed in lieu of foreclosure. #commercialrealestate #LosAngeles"
X Link 2024-01-23T22:21Z 18.9K followers, [--] engagements
"TA Partners on the brink of losing [--] large multifamily projects in Irvine after defaulting on $200M in loans from Mack Real Estate. Mack has scheduled a foreclosure auction for [-----] Von Karman Avenue and [-----] Derian Avenue. #commercialrealestate"
X Link 2024-01-23T23:16Z [--] followers, [--] engagements
"Riot Games is laying off about [---] employees which represents 11% of its workforce the Tencent-owned company announced. #economy #layoffs #jobs"
X Link 2024-01-24T02:43Z [--] followers, [---] engagements
"Cantor Fitzgerald CEO Howard Lutnick is warning of a "generational change" coming for real estate. Billionaire CEO sees $1 trillion in commercial real estate defaults coming for very very ugly market over next [--] years https://t.co/RE8xbOaZwY Billionaire CEO sees $1 trillion in commercial real estate defaults coming for very very ugly market over next [--] years https://t.co/RE8xbOaZwY"
X Link 2024-01-24T03:10Z 18.8K followers, [---] engagements
"Penn State is planning nearly $100 million in budget cuts to eliminate its years-long operating deficit and create a sustainable business model for the future university leaders said this week. #education #strategy"
X Link 2024-01-24T21:06Z 18.9K followers, [--] engagements
"Los Angeles Times cuts will impact at least [---] journalists a person familiar with the matter told CNN or slightly more than 20% of the newsroom. Some [--] of those cuts will be among unionized employees. #strategy #HR #disruption"
X Link 2024-01-24T21:12Z 18.9K followers, [--] engagements
"Wave of Tech Media Layoffs Delivers New Blows to Los Angeles Office Market About [--] tech companies in the U.S. have cut almost [-----] employees since the start of [----] according to #commercialrealestate #economy"
X Link 2024-01-26T21:52Z [--] followers, [--] engagements
"The beleaguered Steward Health Care the largest tenant of healthcare facility owner Medical Properties Trust has hired turnaround consulting firm AlixPartners to help it deal with its deep financial problems. #commercialrealestate"
X Link 2024-01-26T22:10Z 18.9K followers, [---] engagements
"Evergrande ordered to liquidate as Hong Kong High Court approves creditors bid to wind up worlds most indebted property developer. The company with US$328B of liabilities can still appeal against the order. #China #realestate"
X Link 2024-01-29T02:23Z 18.8K followers, [---] engagements
"CBRE reports an unprecedented peak in vacancy and availability rates in [----] concluding the year at 23.8% Salt Lake and 24.2% Provo. Some suburban sites (West Valley Southwest Valley) suffering vacancy rates near 50%. #commercialrealestate #Utah"
X Link 2024-01-29T19:14Z 18.9K followers, [---] engagements
"The rise and fall of China Evergrande -South China Morning Post The worlds most indebted property developer will be forced to reckon with creditors unpaid workers and construction for some [---] unfinished projects in over [---] cities across China"
X Link 2024-01-29T20:07Z 18.9K followers, [--] engagements
"@TheFederalist46 @ELaserDavies Gunman who stole a Chrysler [---] after shooting and killing the owner"
X Link 2024-01-30T20:59Z 18.9K followers, [--] engagements
"Fitch: Multifamily CMBS delinquencies to double in [----] - $1.3 billion. Heightened levels of new supply slowing revenue growth and higher expenses will challenge apartments. #commercialrealestate"
X Link 2024-01-30T22:39Z 18.9K followers, [--] engagements
"In all more than $31.2 billion totaling [----] conduit and agency Fitch-rated U.S. CMBS loans is scheduled to mature in [----]. Another $37.9 billion or [----] loans are on pace to mature in [----]. #commercialrealestate #debt #economy"
X Link 2024-01-30T22:42Z 18.9K followers, [--] engagements
"@majorfish8725 Exactly You see the same large landlords surrendering buildings to the lenders are at the same time raising billions of dollars to buy distressed property"
X Link 2024-01-31T00:10Z 18.9K followers, [--] engagements
"'A Bloodbath': The Reckoning For Rent-Stabilized Apartment Owners Is Starting In New York Multifamily -11/15/23 It's going to be a bloodbath said Ofer Cohen president of brokerage TerraCRG. I'm telling you right now: It's going to be bad. $NYCB"
X Link 2024-01-31T20:17Z 18.9K followers, [---] engagements
"Lender Takes Over Renovated Southern California Office Amid IndustryDistress Owners Hand Back Keys to Class A Office in El Segundo [------] sq ft office building is located at [----] E. Grand Ave. #commercialrealestate #CRE #California"
X Link 2024-01-31T20:40Z 18.9K followers, [--] engagements
"GTA Condo Sales Slump To Lowest Quarterly Level In Over [--] Years New listings rose in Q4 rising 29.3% annually. Average sale price for a condo in the GTA sat at $702142. #realestate #Toronto"
X Link 2024-01-31T21:02Z 18.9K followers, [--] engagements
"New York Community Bank reported a near $2B increase in criticized multifamily loans. Of its $37B multifamily loan book which comprises 44% of its total portfolio 8% was marked criticized in the quarter. $NYCB #banking"
X Link 2024-01-31T21:08Z 18.9K followers, [---] engagements
"Job cuts throughout the tech industry are adding another layer of uncertainty for a U.S. office market already contending with record-high vacancies. #commercialrealestate #economy"
X Link 2024-02-01T21:13Z 18.9K followers, [--] engagements
"The CMBS delinquency rate rose MTM almost 10% to 4.61% Kroll Bond Rating Agency reported. The total delinquent and specially serviced loan rate across KBRA's $317.3B rated universe of CMBS also rose more than 11% to 7.39%. #commercialrealestate #CMBS"
X Link 2024-02-01T22:22Z 19.1K followers, [--] engagements
"J.P. Morgans Kabir Caprihan noted that reserves on office loans were lower than most peers at two banks: Zions and M&T Bank . At year end the loss reserves on office properties were 3.8% of loans at Zions and 4.4% at M&T. #commercialrealestate"
X Link 2024-02-02T02:30Z 18.9K followers, [--] engagements
"Lenders such as Arbor are hit if the borrowers eventually default because they provide the equity portion of the CLOs the riskiest part of the securitization while selling on the safer tranches meaning they are the first to suffer losses if the loans arent repaid. Bloomberg"
X Link 2024-02-02T22:30Z 19.2K followers, [---] engagements
"BXP acquired a 29% stake in [---] Park Avenue South for $1 Canadian Pension Plan Investment Board was ready to wash its hands of its ownership share after investing $71M. #commercialrealestate"
X Link 2024-02-02T23:09Z 18.9K followers, [--] engagements
"In Canada Allied Properties Real Estate Investment Trust a major owner of office buildings in cities including Toronto and Vancouver announced a $500-million writedown last week. #commercialrealestate"
X Link 2024-02-05T16:20Z 18.9K followers, [--] engagements
"Multifamily Occupancy Takes a Hit in Several Markets The top [--] markets with the highest occupancy decreases were Raleigh Atlanta Jacksonville Las Vegas Austin Memphis Pittsburg Dallas Charlotte and Indianapolis"
X Link 2024-02-05T23:42Z 18.9K followers, [--] engagements
"@RetroCoast How things have changed. Volvo is now a Chinese owned company. Owned by Zhejiang Geely Holding of China"
X Link 2024-02-06T04:53Z 18.9K followers, [--] engagements
"@KobeissiLetter Hong Kong will raise its guarantee on bank deposit savings to HK$800000 ($102000) starting at the earliest in the fourth quarter of this year"
X Link 2024-02-06T05:12Z 18.9K followers, [---] engagements
"Wall Street is worried banks aren't worried enough about commercial real estate "We believe consensus is too low on provision expense for [----] for nearly every bank we cover" Manan Gosalia a regional bank analyst for Morgan Stanley said. #regionalbanks https://finance.yahoo.com/news/wall-street-is-worried-banks-arent-worried-enough-about-commercial-real-estate-164922061.html https://finance.yahoo.com/news/wall-street-is-worried-banks-arent-worried-enough-about-commercial-real-estate-164922061.html"
X Link 2024-02-06T17:48Z 20K followers, [---] engagements
"US Office CRE Mess Is Spread Far and Wide across Investors & Banks Globally #commercialrealestate #office"
X Link 2024-02-07T18:41Z 19K followers, [---] engagements
"German bank warns of 'greatest real estate crisis since the financial crisis' as CRE contagion spreads. Loans sour as rising interest and vacancy rates erode value of office towers. #commercialrealestate"
X Link 2024-02-07T18:50Z 19K followers, [---] engagements
"Chinese Developer R&F Sells 1B London Project One Nine Elms At Big Discount As Loan Default Looms Thespecial-purpose vehicle that owns the property has a total of 897M of debt. #commercialrealestate #London"
X Link 2024-02-07T19:17Z 19K followers, [--] engagements
""I'd be terrified to rent out my home in Atlanta" Staggering [----] homes in the Georgia city are estimated to be occupied by SQUATTERS Evicting squatters can take over six months with backlogs in the courts and overwhelmed police forces #realestate #SFR"
X Link 2024-02-07T22:54Z 19K followers, [---] engagements
"Zombie Offices Spell Trouble for Some Banks Bank tremors serve as a reminder: Just because a crisis hasnt hit immediately doesnt mean commercial real estate pain isnt coming. #commercialrealestate"
X Link 2024-02-08T20:35Z 19K followers, [---] engagements
"High commercial real estate vacancies are expected to create some stress for smaller banks Treasury Secretary Janet Yellen said The council is also closely monitoring non-traditional banking institutions specifically non-bank mortgage lenders"
X Link 2024-02-08T20:39Z 19K followers, [--] engagements
"@TripleNetInvest Valued at $35 million in [----]. Now the punch line: It was a successful auction sale. We had [--] registered bidders said Steven Silverman senior vice president of Friedman Real Estate in Detroit which handled the sale"
X Link 2024-02-09T17:09Z 19K followers, [----] engagements
"@BankerWeimar So here we go: Hershey outlined a new [--] year restructuring program that would generate about $300 million in pre-tax savings after projecting annual sales and profit below Wall Street expectations. The restructuring will impact less than 5% of the company's workforce"
X Link 2024-02-09T21:58Z 19K followers, [--] engagements
"Los Angeles Officials Start Process That May Lead to Takeover of GraffitiedSkyscraper City Council To Vote on Ordering Developer China Oceanwide To Fix Problems at Stalled Project #commercialrealestate"
X Link 2024-02-09T23:05Z 19K followers, [---] engagements
"Office vacancies hit all-time highs on the city fringes A flood of new buildings in Sydneys Parramatta and a drain of workers from St Kilda Road to Cremorne in Melbourne are compounding leasing difficulties for some office landlords. #Australia #CRE"
X Link 2024-02-09T23:47Z 19K followers, [---] engagements
"Graffiti Artists Tag [--] Floors of Abandoned Skyscraper in Los Angeles The street art brought new attention to a $1 billion project thats been stalled since [----]. #commercialrealestate"
X Link 2024-02-09T23:56Z 19K followers, [---] engagements
"@MarioNawfal Hong Kong's High Court has issued an order to liquidate China Oceanwide Holdings Ltd. the developer behind Los Angeles' Oceanwide Plaza following a similar order in Bermuda in September"
X Link 2024-02-11T17:43Z 19K followers, [--] engagements
"Nearly [----] banks with assets less than $100B had CRE loans outstanding greater than 300% of equity. Valley's CRE holdings as a percentage of its total risk based capital was at 479% in the 4th quarter while OceanFirst was at 447%. NYCB had a ratio of 468% in the 3rd quarter. Chart is a bit dishonest given many of these charters are owned by same Bank Holding Company. Just off top of head I believe Flagstar and NYCB merged. Umpqua owned by Columbia $COLB (Thats another one Im likely buying longer dated puts on now) (Link w/o paywall in comments) https://t.co/iNHe2KxOBA Chart is a bit"
X Link 2024-02-12T18:27Z 19K followers, [---] engagements
"A Pleasanton office complex mainly occupied by Clorox the consumer and household products titan has sold for $73.5M. The [------] SF complex was purchased in [----] for $113.5M #commercialrealestate"
X Link 2024-02-13T18:40Z 19K followers, [--] engagements
"Blackstone Inc. has aborted a plan to sell a Canary Wharf office building as fears about the future of the district weigh heavily on buyer sentiment. #commercialrealestate #UK https://finance.yahoo.com/news/blackstone-aborts-canary-wharf-sale-140530868.html https://finance.yahoo.com/news/blackstone-aborts-canary-wharf-sale-140530868.html"
X Link 2024-02-14T18:24Z 25.1K followers, [--] engagements
""Two that I would highlight are going to be Zions ZION and M&T Bank MTB. They have the highest amount of commercial real estate exposure as compared to the amount of capital that they have. They also have very high amounts of office space exposure." #CRE"
X Link 2024-02-14T19:23Z 19K followers, [--] engagements
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