
Commercial Real Estate Can’t Ignore Its Empty-Office Problem Anymore
Big Take
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Impact of Commercial Real Estate Debt on the Banking Sector and Winners in the Crisis
This chapter delves into the potential consequences of commercial real estate debt on smaller and regional banks, predicting the possibility of numerous banks failing or requiring acquisition. It also explores the winners in this scenario, such as Blackstone, while discussing the importance of embracing creative destruction and letting go of outdated office buildings.
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