Why it matters
The outcome could affect lenders, property owners and tenants connected to the office properties. The article does not identify the properties or say whether tenants face immediate changes.
HOUSING & REAL ESTATE • UNITED STATES
KBS REIT III gets short reprieve on $455 million in office loans
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BLUF
KBS REIT III has received a short reprieve on $455 million in office loans, according to Bisnow. The REIT is weighing whether to give up the properties or seek bankruptcy-court protection.
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