Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Data Shows
PYMNTS
SEPTEMBER 27, 2020
For example, the value of a Crowne Plaza hotel in Houston fell by 46 percent compared to six years ago. The numbers themselves are atrocious,” Gunter Seeger, a fixed income portfolio manager at PineBridge Investments, told FT. “A The newspaper reported the hotel has not made a mortgage payment since March.
Let's personalize your content