2min chapter

The Compound and Friends cover image

Somebody's gonna be wrong

The Compound and Friends

CHAPTER

The Slowdown in Office Reads

The head of KKR's commercial real estate acquisitions group projects a very significant distress cycle in the office sector. Green Street estimates that office appraisal values are down by 25% of the last year alone. Commercial real estate is a lot bigger than just office. That's retail. It's, and by the way, we're going to get retail sales this week.

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