Giuliano Giacaglia
@giu
Two Office Landlords Defaulting May Be Just the Beginning - Bloomberg - 17% of US office space is vacant, 4.3% available for sublease - 48% of maturing debt on office spaces in 2023 carries a variable rate - $92b due in '23, $58b due in '24 https://i.imgur.com/3edgTiX.jpg
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Alex Roytenberg, CPA π©π
@alexroytenberg
Based on conversations with bankruptcy lawyers I know things in NYC are already starting to get interesting and there are people getting ready to pickup trophy assets. The other one is Hotels and Co-ops are having a hard time refinancing and as a result banks are being more selective with co-op mortgages for purchase
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Andrew Duca
@duca
super interesting
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jcdenton.cast
@jc
@beb
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