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Pimco Faces $35 Million Loss on Philadelphia Offices

Bloomberg Markets Friday 25 September 2026, 10:00 UTC By Eliza Ronalds-Hannon 1 min read
Key Points

Pacific Investment Management Co. is facing losses of around 70% on a commercial mortgage-backed security tied to a two-tower office complex in downtown Philadelphia.

Pacific Investment Management Co. is facing losses of around 70% on a commercial mortgage-backed security tied to a two-tower office complex in downtown Philadelphia.
Pimco (ORG) Philadelphia Offices Pacific Investment Management Co. (ORG) Philadelphia (LOCATION)
Originally published by Bloomberg Markets Read original →

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