Blackstone Group, The

Office Buildings’ Losses Are Growing, With More Pain to Come

The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.