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Best Practices When Buying Commercial Real Estate
Loan Markets
U.S. banks sink on concerns about office real estate loans
(Reuters) – Shares of large and mid-sized U.S. banks sharply underperformed the broader market on Wednesday with the S&P 500 Banks Index (.SPXBK) closing down 2.0% while the benchmark S&P 500 Index (.SPX) fell 0.6% with worries about commercial […]
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 […]
Top News
Sam Zell, billionaire Chicago real estate magnate, dies at 81
May 18 (UPI) — Sam Zell, a Chicago real estate magnate who became a billionaire by scooping up old properties, died on Thursday at 81. According to Market watch, Zell popularized the real-estate investment trust and […]