Commercial real estate has been recently slaughtered, as investors grapple with:
- Low occupancy rates
- High leverage & refinancing costs
- Potential credit crunch due to regional banks being big CRE lenders
CMBS is a big credit asset class - put it on your watch list https://t.co/ngjFLk3Akv
@MacroAlf
Blackstone defaults on $562 mln Nordic property-backed CMBS - Bloomberg News https://t.co/WKe8LziD7o https://t.co/cDx8FfJyEh
@ReutersBiz
Blackstone defaults on $562 mln Nordic property-backed CMBS - Bloomberg News https://t.co/m8Eg9ZYfWB https://t.co/8B7rTxno6L
@Reuters
Blackstone defaults on $562 mln Nordic property-backed CMBS - Bloomberg News https://t.co/UeeuqsiXND https://t.co/Dk1DmRNncz
@Reuters
Blackstone defaults on $562 mln Nordic property-backed CMBS - Bloomberg News https://t.co/8a4uvku9X1 https://t.co/t4ITbotUEh
@ReutersBiz
Blackstone defaults on $562 mln Nordic property-backed CMBS - Bloomberg News https://t.co/0Qw26E3iuN https://t.co/n19ZTOSeWF