Diversified Healthcare Trust Defaults On $450M Credit Facility

DHC is in default because of declining collateral asset values.

Lender To Sell £104M Loan To WeWork-Let City Icon At A Discount

Eastdil has been appointed to find a buyer for loan against One Poultry.

WeWork Stock Shoots Back Up Days After Warning Over Company's Future Viability

The coworking operator's stock regained all of its losses from earlier in the week.

As Bankruptcy Looms Over WeWork, Attention Turns To Its Massive Real Estate Footprint

WeWork's quarterly earnings and new board appointments signal it may be heading for bankruptcy, which could devastate office owners in New York and elsewhere.

Blackstone, Rialto Push To Foreclose On McGraw-Hill Building After Signature Bank Loan Default

The new owners of Signature's commercial loans also seek a money judgment for a $25M construction loan Signature Bank gave in February 2022.

Dublin Vacancy Rates Hit 16% As Completions And Speculative Development Stall

Speculative development and completions came to a halt in the third quarter as Dublin's headline vacancy rates hit 15.8% according to Colliers.

White House Launches Efforts To Support Production, Affordability Of 'Critical' Manufactured Housing

In addition to the manufactured housing actions, the Biden-Harris administration announced new steps to make the rental market more transparent.

Bank Of Ireland Director Says Resi And Retail Are Its Focus For New Lending

Bank of Ireland's Nicholas Lyons tells Bisnow about prospects for 2024 and why the bank will continue to invest through the cycle.

This Week's Boston Deal Sheet

Los Angeles-based CIM Group filed plans to convert a six-story office building in the Back Bay into 91 units of housing.

Coworking Company Switchyards Raises $5M, Plans 200-Location Expansion

With the funding comes expansion plans from the startup, which is growing across the Southeast.