The Ticking Time Bomb in America’s Downtowns

They call it the “debt wall,” and it is not the kind of wall that protects you. It’s the kind that might collapse and crush your village, or into which you might crash your car. Specifically, it is $1.5 trillion in commercial real estate debt, owed to banks, pension funds, and insurance companies before the end of 2025, and secured by a national portfolio of office, retail, industrial, and multifamily properties that may not be worth what they were five or 10 years ago when those loans got made.

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They face L.A.’s largest eviction in years. But these Westside renters won’t go quietly

Librarian Miki Goral has lived in the massive Westside residential complex Barrington Plaza for more than three decades. She swims in the large, heated pool nearly every day and, from her one-bedroom apartment on the 10th floor, she has a view of the ocean. The building is a 15-minute bus ride from her job at UCLA and it’s rent-controlled, allowing her to retain some certainty over housing costs even as rents in the neighborhood have skyrocketed.

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Navigating The Storm: How Commercial Property Owners Can Thrive In A Challenging Market

The office real estate market has been facing unprecedented challenges as the ripple effects of the pandemic continue to wreak havoc on the commercial property sector. At the moment, one of the biggest risks the commercial market faces is the growing risk of commercial mortgage-backed securities (CMBS) loan defaults, which have been exacerbated by a decline in demand for office space and rising interest rates.

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New Florida property law impacts defective construction lawsuits

The Florida Legislature recently passed statutory changes that, among other things, reduce the time condominium and property owners have to file lawsuits over construction defects from ten years to seven years. This means that owners purchasing newly constructed properties years after construction could be left with no recourse if the property was defectively designed or constructed.

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