EXCLUSIVE: PIMCO Raises $3.1B For Opportunity Fund And Is Buying Riskier Mortgages

PIMCO has raised $3B for a new fund that it hopes will be resilient in the face of an oncoming recession.

This Week's Chicago Deal Sheet

Plymouth Industrial REIT makes a nine-figure industrial portfolio acquisition, and other deals.

Pebblebrook Ups Its Offer To Buy LaSalle After Hotel REIT Rejected First Bid

Pebblebrook Hotel Trust increased its offer to buy LaSalle Hotel Properties by 6% after the REIT called its initial bid "grossly inadequate."

Millennials And Gen Z Shoppers Love These Retailers

These are the retail brands that millennials and Gen Z shoppers are sticking with.

The Strange Tale Of The Real Estate Billionaire, The Sanctions And The £17M Debt To The Libyan Investment Authority

The byzantine tale of what happens when you borrow from the world's most dysfunctional country

Private Equity Firm Oaktree Retail Loan In Default

Value of Oaktree shopping centre portfolio drops 18% and breaches covenant.

Wealth Management Firm With Ties To Mark Zuckerberg Making Waves In CRE Investment

Iconiq Capital has recently acquired more than 1,500 apartments.

WeWork Reportedly Looking To Back Out Of Up To 100 Leases

WeWork's cost-cutting continues with the sale of SEO firm Conductor, and ongoing negotiations to sell Managed by Q and back out of newly signed leases.

The Wharf Lands $847M Construction Loan For Phase 2

The $847M Phase 2 construction loan follows the $800M refinancing of The Wharf's Phase 1 the team closed in June.

WeWork May Slash Valuation, Delay IPO After Prospectus Underwhelms Investors

After a chilly reception to its IPO prospectus, WeWork may take drastic measures to keep investors interested — including cutting its value by more than half.