![MBA Newslink Logo](https://newslink.mba.org/wp-content/themes/mba-newslinks/assets/img/logos/mba-newslinks-child-page-logo.png)
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