commercial real estate
Commercial Real Estate

A corner of the commercial real estate market is starting to show signs of stress from the banking crisis

Apartment building sales in the first quarter of 2023 posted the steepest drop since the Great Financial Crisis, signaling that a corner of the commercial real estate market is feeling the strain of tighter lending […]

commercial real estate
Commercial Real Estate

Is a commercial real estate crisis looming? Morgan Stanley analysts warn of price crash ‘worse than in the Great Financial Crisis’

There’s a growing chorus of investors and economists — along with Elon Musk — who are warning of a looming crisis in the commercial real estate market. Analysts with Morgan Stanley recently joined the chorus […]

commercial real estate
Commercial Real Estate

Elon Musk says the state of the commercial real estate debt market is ‘by far the most serious looming issue’

Of all the economy’s looming threats, Elon Musk says the state of the commercial real estate debt market is “by far the most serious.” On Sunday, the Kobeissi Letter, a newsletter focused on global capital markets, tweeted that over […]

Elon Musk
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 […]

Unprecedented
Commercial Real Estate

Facing “Unprecedented Challenges” And Soaring Rates, PIMCO-Owned Landlord Defaults On $1.7 Billion In Office Mortgages

Amid the recent record surge in interest rates, the residential housing market may have frozen – as the gap between bids and asks stretches to unprecedented levels – but it is hardly in freefall, courtesy of several […]