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 […]

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 […]