The resolution of First Republic Bank came after a frantic night of deal making by government officials and executives at the country’s biggest bank.
Tag: Real Estate (Commercial)
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In an Unsteady Banking Industry, First Republic’s Problems Stood Out
The bank’s rivals appear on firmer footing this time, in contrast with the widespread panic after the failures of Silicon Valley Bank and Signature Bank in March.
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Stress Builds as Office Building Owners and Lenders Haggle Over Debt
The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.
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Shift to Electric Cars Gives Design Centers a New Look, Too
Automakers are pouring money into research and development facilities, creating spaces intended for creativity and collaboration among design and engineering teams.
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Financial Challenges ‘Clobber’ New York City’s Office Landlords
Remote work and rising interest rates are dealing a double blow to office landlords, with potentially grave consequences for the city and even national economy.