Policy experts battled with Wu administration officials over their assertions that the latest city data indicates commercial values are falling at a faster clip than initially predicted and could ...
Declines in some commercial property values aren't just roiling building owners and lenders. Tax districts are going to feel the bite, too. Recent sales of office buildings in the Dallas area have ...
Commercial property values have declined significantly since 2019 in the Twin Cities’ downtown cores, setting the stage for a financial reckoning that could force tough choices from developers, ...
With Boston’s office market in a prolonged post-pandemic slump, Mayor Michelle Wu on Thursday said she’ll move to hike tax rates on commercial real estate to cushion the blow falling property values ...
Falling commercial-property values are raising solvency risks for potentially hundreds of U.S. banks, according to a new report prepared for the National Bureau of Economic Research. About 14% of all ...
The risk to banks from falling commercial real-estate values is a "manageable problem," Fed Chairman Jerome Powell said in his congressional testimony Wednesday. "I do believe it is a manageable ...
Bill Rudin, Rudin Management co-executive chairman, joins 'Squawk on the Street' to discuss the recovery of the commercial real estate market, if the 'bad times' are over, and much more. Got a ...
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