• Phase 2 of the Commercial Real Estate Collapse Has Begun

  • Jul 7 2024
  • Duración: 18 m
  • Podcast

Phase 2 of the Commercial Real Estate Collapse Has Begun  Por  arte de portada

Phase 2 of the Commercial Real Estate Collapse Has Begun

  • Resumen

  • According to multiple recent reports, banks are very quietly selling out of CRE positions. Those reports are backed up by banking data which clearly shows an inflection in systemic loans in the space. Combined, we have strong evidence showing the second stage of the CRE bust has now started.

    Eurodollar University's Money & Macro Analysis

    Reuters Big US banks withstand Fed's commercial real estate shock scenario
    https://www.reuters.com/markets/us/big-us-banks-withstand-feds-commercial-real-estate-shock-scenario-2024-06-26/

    Federal Reserve Stress Test Results 2024
    https://www.federalreserve.gov/publications/files/2024-dfast-results-20240626.pdf

    NYT Office Building Losses Start to Pile Up, and More Pain Is Expected
    https://www.nytimes.com/2024/06/06/business/office-building-foreclosures-losses.html

    NYT Fearing Losses, Banks Are Quietly Dumping Real Estate Loans
    https://www.nytimes.com/2024/06/24/business/commercial-real-estate-loans.html

    https://www.eurodollar.university
    Twitter: https://twitter.com/JeffSnider_EDU

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