Even AAA-rating can't save investors from commercial real estate losses – Orange County Register
Property investors should expect more losses on bonds originally rated AAA in the months to come.
Source: ocregister.com
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Top News In Lea Overby Today - Breaking & Trending Today
Google parent Alphabet took a $1.2 billion hit to exit office space last quarter — news that flew under the radar in a hectic week, says Barclays
Google parent company Alphabet this week reported a $1.2 billion charge in the fourth quarter to exit office space, a notable cost that largely flew under under the radar in a hectic week, according to a Barclays researcher.
Source: yahoo.com
"Severe Crash" Looms For CRE Office Towers, Turmoil Lasting Years, Bloomberg Survey Finds
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
The Office Market Might Recover. It Just Has To Crash First, Investors Say
Seventy-three percent of the more than 900 real estate investors who responded to a recent survey said commercial real estate prices would fall through late 2024.
Source: inman.com
Blackstone's Massive CRE REIT Records Eleven Months Of Outflows
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com