Pretend and extend, will commercial real estate take down the economy in 25?

Pretend and extend, will commercial real estate take down the economy in 25?

There is a mantra being used in small/regional banks that is “survive until 2025”.  In essence the theory is that rates will drop precipitously and basically “bail out” many banks’ portfolios.  Banks are in turn pushing out maturity dates hoping for a market bail out....
Clearest sign yet commercial real estate is in big trouble

Clearest sign yet commercial real estate is in big trouble

Foreclosures are surging in a risky corner of commercial real-estate finance, offering one of the most profound signs yet that turmoil in the commercial property market is just beginning.  Lenders this year have issued a record number of foreclosure notices for...