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Office, retail appraisals come in lower; Loan defaults on New York apartment portfolio; HBO, WeWork exits trigger loan distress

A weekly look at the commercial mortgage-backed securities business
The office property at 650 Madison Ave. in New York saw a reduction in appraised value last month. (CoStar)
The office property at 650 Madison Ave. in New York saw a reduction in appraised value last month. (CoStar)
CoStar News
November 6, 2025 | 3:35 P.M.

This week's column examines sinking appraisals for office and retail properties, the default of a loan backing a New York apartment portfolio, and the effect of HBO and WeWork exits on a Seattle office property's debt. Read the entire piece by clicking "read more" below.

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News | Office, retail appraisals come in lower; Loan defaults on New York apartment portfolio; HBO, WeWork exits trigger loan distress