realestate

Economics

Cracks are showing in commercial real estate and it’s not just office buildings

https://www.wsj.com/real-estate/late-mortgage-payments-pile-up-for-giant-apartment-lender-a2b008d5?st=ci29gz2eow8urpa&reflink=article_copyURL_share

Text thread with two professional real estate investor friends at a multi billion dollar fund. 👇

It's going to get real. (no pun)

Building something new. Host: /venturecapital /adventures /theitinerant

I don't comment on my specific moves in public. I just share data and opinions.

Do with it as you will.

thanks for sharing @benersing , you gonna make any moves with this knowledge?

Can you share the rest of the text about cmbs?

Regional banks typically have a large % of their loans in CRE also. This won't just be the big WS banks, it's going to be felt at every level.