Defaults on properties such as offices and apartment buildings may increase as property values fall and costs rise for landlords who need to refinance at higher interest rates.... Blackstone Inc., Brookfield Corp. and Goldman Sachs Group Inc. are among investors that have defaulted or relinquished offices to lenders this year.... California As high-rise offices lose their luster, can this part of downtown L.A. find a way forward?...

Defaults on properties such as offices and apartment buildings may increase as property values fall and costs rise for landlords who need to refinance at higher interest rates.... Blackstone Inc., Brookfield Corp. and Goldman Sachs Group Inc. are among investors that have defaulted or relinquished offices to lenders this year.... California As high-rise offices lose their luster, can this part of downtown L.A. find a way forward?...

That’s because Florida’s constitution says any expansion of gambling requires voter approval through a constitutional amendment initiated by citizens. The potential impact on Trump’s business empire adds an unexpected wrinkle to the governor’s latest effort to consolidate political power in Florida.... A spokesman for the governor’s office declined to comment, instead pointing to DeSantis’ public statements on his proposals, which do not address their implications for gambling.... DeSantis ear