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Posts tagged as “PIMCO”

Pimco Braces for $35 Million Hit as Philadelphia Office Bet Sours, Exposing Deep Cracks in Commercial Real Estate $TLT

By Financier.News on September 25, 2026

Pimco Braces for $35 Million Hit as Philadelphia Office Bet Sours, Exposing Deep Cracks in Commercial Real Estate $TLT

Pimco is facing a loss of roughly $35 million on a commercial mortgage-backed security tied to a two-tower office complex in downtown Philadelphia. The loss…