Summary: Blackstone’s activities have the potential to significantly boost the issuance of commercial mortgage-backed securities (CMBS). Meanwhile, a loan for two high-rise buildings in Chicago has been downgraded, reflecting issues in that market. Additionally, retail property values have experienced the steepest declines among distressed loans, indicating ongoing struggles in the retail sector.
Blackstone Alone Could Take CMBS Issuance Higher, Loan Downgraded on Twin Chicago High-Rises, Retail Property Values Fall Furthest Among Distressed Loans
