All happy property owners are alike, each unhappy owner is unhappy in their own way

“The entire commercial real estate space has to reset. No one really knows where the values are…You can’t raise rates this quickly and not expect a financial shock. We’re already working on transactions at 50% on the dollar: the equity is wiped out and half of the loan is wiped out.”

All happy property owners are alike, each unhappy owner is unhappy in their own way Read More