Pimco Is Saddled With a $1.7 Billion Default in Office-Market Meltdown

Wall Street Journal, Feb. 28, 2023–Peter Grant, Konrad Putzier (subscription)
Columbia Property Trust feels the fallout of rising interest rates.
https://www.wsj.com/articles/pimco-is-saddled-with-a-1-7-billion-default-in-office-market-meltdown-79dcb6fc?mod=hp_major_pos1#cxrecs_s