Musk stopped paying rent for the Twitter offices in November.
The post Elon Musk Blamed for Goldman Sachs’ CRE Woes appeared first on Weekly Real Estate News.
Elon Musk Blamed for Goldman Sachs’ CRE Woes
Housing Wire
Home prices will drop to 2008-levels in these four cities: Goldman Sachs
Goldman Sachs’ latest home price predictions could be cause for concern. The multinational investment bank and financial services company says home prices, which have been on the decline since June 2022, will fall further this […]
Financial Markets
U.S. bank deposits have started moving to money market funds – Goldman Sachs
Goldman Sachs said deposits have started to move out of U.S. banks and towards money markets funds, as investors seek the safety in Treasury securities amid worries about stresses in the banking sector. Retail money […]
Commercial Real Estate
Elon Musk warns house prices are set to plunge – and says commercial real estate is in meltdown
Brace for the intense pressure on commercial real estate to spread to house prices, Elon Musk says. “Commercial real estate is melting down fast. Home values next,” the tech billionaire tweeted. Investors are worried about […]