Storm Clouds Gather As Apartment Owners With Floating Rate Debt Scramble To Pay Loans

The risk of defaults at a growing number of apartment buildings is on the rise as owners with floating-rate debt struggle to make payments.

A sizable portion of CLO loans tied to apartment buildings are at risk of default as rising interest rates and falling rent growth challenge borrowers...

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RSK: They think they have a problem? How about those with half full office properties.