Page 26 - Carson Block News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HSBC's Gerry Keefe has challenged short seller Carson Block's call that the commercial real estate market has much further to fall.

An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property ventures. Known as commercial real estate collateralized loan obligations, or CRE CLOs, they bundle debt that would usually be seen as too speculative for conventional…

Negative headlines regarding commercial real estate are abundant, in large part because of high office vacancy rates lowering property values and high interest rates making the refinancing debt increasingly prohibitive. Famed short seller Carson Block, the founder of Muddy Waters Research, found what he believes to be an optimal way to place a bet against the sector. In a separate Dec. 6 report called "Here Comes the Cliff!", he revealed his firm is shorting the publicly traded Blackstone Mortga

Toronto-listed Fairfaxs shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the company

Fairfax CEO Prem Watsa again calls claims by Muddy Waters Research ‘false’ and ‘ill-informed’