US commercial real estate

Banking & finance

Deutsche Bank completes sale for US$1 bil US CRE loan portfolio

Deutsche Bank is a big lender to developers of US commercial real estate and especially offices, a market that has been hard hit by higher borrowing costs and a trend toward remote working.

US stocks

Musk’s X, formerly Twitter, to close San Francisco office, relocate workers

The neighborhood is now struggling as the city copes with the slow return of workers following the Covid-19 pandemic.

US Economy

BofA's CEO says US commercial real estate will be 'slow burn'

'We're careful in how we underwrite as an industry'
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