Login

Pittsburgh office slump deepens; LA complex sees rising losses; Deal surge splits market

A weekly look at the commercial mortgage-backed securities business
Well over half of all loan balances backing office buildings in downtown Pittsburgh are in special servicing. (Getty Images)
Well over half of all loan balances backing office buildings in downtown Pittsburgh are in special servicing. (Getty Images)

This story was updated June 8 to correct the main caption. 2000 Park Lane has not been moved to special servicing. It was updated June 30 to correct that Property Income Advisors is not the owner but the asset manager. Also, the story was updated to add that the property recently signed tenants including Cigna and CJL Engineering.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE