Top News for Real Estate Pros

More Office Building Landlords Are Giving Properties Back to?Lenders

In addition to the rise of deeds in lieu of foreclosure, another measure of distress is the office buildings tied to loans on the commercial mortgage-backed securities market where borrowers have indicated intentions to walk away.

Office buildings made up 43% of all deed-in-lieus in the second quarter.

Aging Generation of Ranch Owners Looks To Sell As 'Frenzied' Market?Cools

A generation of ranch owners are taking advantage of rising valuations in recent years by seeking to either turn over the family ranch to a new generation or sell it to another legacy owner wanting to carry on the traditions of the American West.

Just ask NFL legend Terry Bradshaw.

Workplace Survey Finds Three-Day Office Schedules Reign As Hybrid?Option

Many companies nationwide have given up at least a portion of their office space with no immediate plans to return to fully on-site operations, and remote work is also allowing cuts in other business expenses including corporate travel.

33% of respondents are requiring at least three days of on-site office work.

Three Big Banks Sue Financially Ailing Hospitality REIT To Preserve Value of?Hotels

摩根士丹利 Bank, Barclays Bank and 美国银行 are suing Ashford Hospitality Trust over claims the real estate investment trust breached its contracts in defaulting on loans tied to 14 hotels in eight states.

The banks originally provided $293.8 million backing the 14 hotels.

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