Figure Technologies laid off 90 employees this week, or about 20% of its staff, while it’s also interviewing bankers in advance of a planned initial public offering for its lending business next year, according to documents reviewed by Bloomberg.
https://www.nationalmortgagenews.com/articles/mike-cagneys-figure-lays-off-20-of-staff-amid-ipo-plans
CMBS delinquencies surge by more than $13 billion: KBRA
But a great deal of variation in distress levels were reported between individual markets and...
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