EOP Operating LP, a subsidiary of Chicago-based Equity Office Properties Trust, has commenced an offering of $1.0 billion aggregate principal amount of exchangeable senior notes due 2026.In addition, Equity Office said the subsidiary is offering $150 million of notes that may be issued, at the option of the initial purchasers, within 30 days to cover any overallotments. The notes will be senior unsecured obligations of EOP Partnership that will be fully and unconditionally guaranteed by Equity Office. Equity Office, a real estate investment trust, can be found online at http://www.equityoffice.com.
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Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
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Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
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Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
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The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
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The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.
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The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
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