Chris Brown, co-portfolio manager of U.S. total return bond strategy, said he prefers leveraged loans for the “upside optionality from the floating rate coupon.”
Hackman Capital and Square Mile Capital are investing more than $1.8 billion in Los Angeles’ CBS Studio Center, reports The Wall Street Journal. The real-life iterations of the much-touted hybrid office model are in many cases proving to be more frustrating for employees than either in-office or remote work, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
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