The shopping center company Westfield is transferring the ownership of its Westfield San Francisco Centre shopping mall to its lender, citing a sharp decline in sales and occupancy. “For more than 20 years, Westfield has proudly and successfully operated San Francisco...
Elon Musk is being blamed for screwing up Goldman Sachs’ (NYSE:GS) first quarter results for refusing to pay rent on his Twitter offices. The Financial Times reported the financial institution was burdened by a spike in commercial real estate loan delinquencies during...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
