
Neil Callanan
Journalist at Bloomberg News
Journalist at Bloomberg News who's navigating gap between gloom and doom as corporate finance tsar. RT≠endorsements etc. Pic is a piece by Ben.
Articles
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6 days ago |
financialpost.com | Neil Callanan
The pain in US commercial real estate credit continues to bubble to the surface after a surge in borrowing costs and the rise of work from home left lenders vulnerable to losses. Article content(Bloomberg) — The pain in US commercial real estate credit continues to bubble to the surface after a surge in borrowing costs and the rise of work from home left lenders vulnerable to losses.
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6 days ago |
bloomberg.com | Neil Callanan
An empty office space in a building in San Francisco, California. (Bloomberg) -- The pain in US commercial real estate credit continues to bubble to the surface after a surge in borrowing costs and the rise of work from home left lenders vulnerable to losses. Delinquencies continue to increase, though the rate has moderated, researcher Green Street said this past week.
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6 days ago |
news.bloomberglaw.com | Neil Callanan
The pain in US commercial real estate credit continues to bubble to the surface after a surge in borrowing costs and the rise of work from home left lenders vulnerable to losses. Delinquencies continue to increase, though the rate has moderated, researcher Green Street said this past week. Distress is also climbing, rising 23% to more than $116 billion at the end of March from a year earlier, data compiled by MSCI Real Capital Analytics show. That’s the highest in more than a decade.
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1 month ago |
bloomberg.com | Neil Callanan
(Bloomberg) -- Retail investors are continuing to pull money from European real estate funds as rising levels of defaults and higher interest rates limit the attractiveness of the industry. Mom and pop investors yanked €11.44 billion ($13 billion) in the year through March from products domiciled in the region, according to data compiled by Morningstar Inc., 20% more than in the previous 12 months.
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1 month ago |
bloomberglinea.com | Kat Hidalgo |Neil Callanan |Michael Nagle
Bloomberg — Los fondos de cobertura están apostando a que las guerras comerciales, la contracción de la economía y el aumento de la tensión entre los prestatarios comenzarán a golpear al crédito privado en EE. UU.. Hasta ahora, la apuesta está dando sus frutos.
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