#PREVIEW: #CRE: ##SANFRANCISCO: From a conversation with colleague Chris Riegel of Scala.com of the Commercial Real Estate markdowns underway in the US and Europe and Asia --since the pandemic lifted and WFH did not abate. The markdowns are severe -50%-70
Feb 08, 06:56 PM
#PREVIEW: #CRE: ##SANFRANCISCO: #NEWYORKCITY: From a conversation with colleague Chris Riegel of Scala.com of the Commercial Real Estate markdowns underway in the US and Europe and Asia --since the pandemic lifted and WFH did not abate. The markdowns are severe -50%-70%-, and so are the anecdotes of investors defaulting entirely and walking away, from San Francisco to London. More later tonight.
1909 NYC City Hall
1909 NYC City Hall