They said it
“While the rate of growth in distressed commercial real estate is slowing, an abundance of loan modifications in recent quarters suggests the full extent of the CRE distress cycle has yet to be seen”
Taken from BlackRock’s latest Global Credit Weekly
First look

Probitas tops placement ranking
Probitas Partners tops our placement agent ranking for new capital closed in private debt between 1 June 2023 and 31 May 31 2024, but life is far from easy for placement agents in...