Banks Are Cleaning House Of Their Bad Assets | Chris Whalen
Forward Guidance
Challenges in Commercial Real Estate and Multifamily Properties
The chapter explores the difficulties encountered in commercial real estate, focusing on multifamily properties facing defaults on interest-only loans, contrasting the troubled office sector with the relatively stable multifamily real estate performance. It addresses rising rents, affordability crises, lack of COVID support for landlords, and the effects of rent control laws on property developers.
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