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zerohedge 2y ago

Facing "Unprecedented Challenges" And Soaring Rates, PIMCO-Owned Landlord Defaults On $1.7 Billion In Office Mortgages https://www.zerohedge.com/markets/facing-unprecedented-challenges-and-soaring-rates-pimco-owned-landlord-defaults-17-billion

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CensorThis 2y ago

Oh yeah. Offices are going bye bye. Many have negative value. Read that again - negative value.