Oppenheimer Asset Management Inc. trimmed its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Rating) by 38.7% in the third quarter, HoldingsChannel reports. The fund owned 14,840 shares of the real estate investment trust’s stock after selling 9,363
Real Estate Giant Brookfield Reportedly Defaults On Second Major Office Portfolio This Year—Here’s Why It Matters
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Brookfield Corp., one of the largest public real estate companies in the world, has defaulted on $161.4 million worth of office building mortgages, according to a report from Bloomberg, as high office vacancy and interest rate hikes have contributed