Tag: Trepp
Providence Place financial picture gets darker with Macy’s spot uncertain
PROVIDENCE – Providence Place's financial challenges appear to be growing with the uncertainly of Macy's future at the mall.
In June, Kroll Bond Rating Agency...
SHAKY GROUND: Distressed office real estate could undermine banks, wider economy
The former mayor of Providence is distressed.
When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He...
Virus pummels commercial real estate, could end long boom
NEW YORK (AP) – Americans are likely to see more “for rent” signs in the coming months as many businesses devastated by the coronavirus...
Report: Commercial real estate loan delinquencies drop in Providence metro
PROVIDENCE – The delinquency rate for commercial real estate loans in the Providence-Warwick metropolitan area dropped below 3% in August, according to new figures...
Providence tower among nation’s largest delinquent commercial loans
PROVIDENCE – One Financial Plaza, Providence’s second-tallest building, was among the nation’s five largest newly delinquent loans last month in the commercial mortgage-backed securities...
Trepp: Delinquency rates drop for commercial real estate loans
PROVIDENCE – Commercial banks should be glad to read the latest data from Trepp LLC, a New York-based firm that does research relating to...