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Refinance for Pittsburgh office complex falls through; Chetrit faces loss of luxury Queens apartments; Rate cut improves CMBS outlook

A weekly look at the commercial mortgage-backed securities business
The four-building Gateway Center in Pittsburgh reported occupancy of 55% as of March. (CoStar)
The four-building Gateway Center in Pittsburgh reported occupancy of 55% as of March. (CoStar)
CoStar News
September 26, 2024 | 2:27 P.M.

This week’s column examines an unsuccessful Pittsburgh office complex refinancing, a New York landlord struggling with an apartment loan and an analyst who sees the Federal Reserve’s interest rate cut as a boost for the CMBS market. Read the entire piece by clicking “read more” below.

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