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Somebody's gonna be wrong

The Compound and Friends

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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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