Headlines From Just One Bisnow News Release

Lender Sues to Foreclose on WeWork’s San Francisco Tower ($240 mil loan on a 359,000 sf 20-story Class A office building): Blackstone Reports Income from eal Estate Sales Down 96% in Q2; Commercial Property Distress Hits $71B in Q2, Led By Office; Marketing Of Distressed Loop Building (1.4M sf in Chicago) Will Test Waters For Downtown Office Properties; Gas Company Tower (52-stories in Los Angeles) Now Valued At $270M, A 57% Drop From 2021.