Oxford acquired the 428-room portfolio for $141M in 2019.
The new £1.1B loan for Battersea Power Station is one of the largest in the UK in the past two years
High interest rates and upcoming maturities were expected to produce distress, but the number of modifications more than doubled instead.
Employers and office owners have worked through the grief cycle, with most accepting a full return to office will never happen.
The fate of a former Macy's location that closed in Pittsburgh a decade ago could inform what happens with the Wanamaker Building in Center City Philadelphia.
The dense D.C. suburb has no office buildings newer than 20 years old, hurting its competitiveness with other areas, and it has seen a spate of retail closures.
Foxtrot Market shuttered abruptly two weeks ago. The real estate the grocer leaves behind will be in hot demand.
The cost of power, the area's housing shortage and increased competition from other cities are all hurdles biotech owners face in the Bay Area.
Vast Coworking Group's Venture X brand is slated to occupy the top floor of Palmetto Central, where Grover Corley is spending $30M on upgrades.
The $34.8M loan underpinning MM Partners' Poth Brewery Lofts at 3145 W Jefferson St. in North Philadelphia has entered special servicing.
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