Philadelphia CRE Firm Hacked, Rising Delinquency Rates, Houston’s First Mass Timber Office Building

Brandywine Realty Trust falls victim to a cybersecurity hack, raising concerns about cyberattacks in the real estate industry. The US Fed warns of rising delinquency rates in commercial real estate and consumer loans. Howard Hughes breaks ground on Houston's first mass timber office building, showcasing sustainable development in the real estate industry.

Sources:
https://www.bisnow.com/philadelphia/news/commercial-real-estate/brandywine-breached-philly-cre-firm-falls-victim-to-cybersecurity-hack-124222
https://www.malaymail.com/news/money/2024/05/11/us-fed-warns-of-rising-commercial-real-estate-delinquency-rates/133712
https://www.bizjournals.com/houston/news/2024/05/10/bridgeland-mass-timber-office-groundbreaking.html
https://www.malaymail.com/news/money/2024/05/11/us-fed-warns-of-rising-commercial-real-estate-delinquency-rates/133712

Outline:
(00:00:00) Introduction
(00:00:40) Brandywine Breached: Philly CRE Firm Falls Victim To Cybersecurity Hack
(00:04:03) US Fed warns of rising commercial real estate delinquency rates
(00:06:50) Howard Hughes breaks ground on Houston's first mass timber office building in Bridgeland
(00:08:01) US Fed warns of rising commercial real estate delinquency rates