Who Takes the Losses on Office CRE? Here’s an Example: the Bankruptcy of Office Properties Income Trust

Who Takes the Losses on Office CRE? Here’s an Example: the Bankruptcy of Office Properties Income Trust

Shareholders got wiped out, noteholders take losses and get the company, banks appear to be largely unscathed.

Office Properties Income Trust Files for Bankruptcy as Remote Work Era Takes Another Casualty

Office REIT seeks to shed $1 billion in debt through Chapter 11 restructuring, the latest sign of distress in commercial real estate Office Properties Income Trust, a real estate investment trust with a nationwide portfolio of office buildings, has filed for Chapter 11 bankruptcy protection as it struggles under the weight of debt in an […] The post Office Properties Income Trust Files for Bankruptcy as Remote Work Era Takes Another Casualty app…