Navigating the ‘perfect storm’ in commercial real estate
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The Impact of a Recession on the Real Estate Sector
A recession would exacerbate some of the downward pressure that we're seeing on the probability. I think relative to 10 years ago, we're in a somewhat better situation today. For people whose yields have gotten squeezed by higher operating costs and higher debt service costs, being a lender in the floating rate space is really important.
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