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
Weely Real Estate News
Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values
“Inventory is at roughly two thirds the levels it was pre-pandemic,” Kelman said. The post Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values appeared first on Weekly Real Estate […]
Commercial Real Estate
Elon Musk sounds the alarm on real estate, warning a spike in defaults on mortgages and commercial loans could hammer banks
The turmoil in the banking sector could spread to the housing and commercial real estate markets, Elon Musk has warned. “This is by far the most serious looming issue,” he tweeted on Saturday. “Mortgages too.” The Tesla, Twitter, and […]
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 […]