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https://www.wsj.com/articles/top-property-owners-are-creditworthythey-might-default-anyway-d3d428a9

Top Property Owners Are Creditworthy—They Might Default Anyway

Powerful investors such as Brookfield are starting to cut losing real estate bets to protect returns

By Carol Ryan
Brookfield has skipped payment on a $275 million loan on the EY Plaza building in Los Angeles. Photo: Google Maps

Even if the property world gets a lot rockier, landlords with the deepest pockets should be able to service their debts. That doesn’t mean they will. 

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.