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Blackstone’s $343 Million Loan on Chicago Skyscraper Defaults

A Blackstone Inc.

loan on an office tower in the heart of Chicago’s financial center has gone into default, the latest sign of the persistent challenges landlords face after the city’s commercial real estate values tumbled in the wake of the pandemic.

Source: Bloomberg MarketsOriginal source
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A
Эскалация

Forecast derived from cascade analysis. Watch confirmation indicators below.

Horizon: 7–30 days

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