Commercial real estate
Commercial Real Estate

Commercial real estate will suffer a recession if banks don’t start lending again, warns property billionaire Ross Perot Jr.

The Commercial Real Estate sector is at risk of a recession, warned Ross Perot Jr. The real estate billionaire said banks needed to lend to the industry to avoid a sharp downturn. Some lenders have […]

commercial real estate
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 […]

JPMorgan
Commercial Real Estate

Commercial real estate poses risks to US banks – and lenders should brace for higher interest rates, JPMorgan CEO Jamie Dimon warns

The US banking sector is still recovering from the worst turmoil since the 2008 financial crisis, but its troubles may be far from over. JPMorgan & Chase CEO Jamie Dimon has warned that the next […]