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Nicholas Glinsman on Banks, Commercial Real Estate, and China

Forward Guidance

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The Pain of Commercial Real Estate

We've been telling people wouldn't touch commercial real estate, particularly office for the last year and a half. That was clearly all going to change. What about now though, it with the premier class a real estate investment trust that are already down in the stock market like 80 to 85% Well, you're now talking about an exercise that Michael Barry would have been really good at. So you've got to know the properties. You've got to have a property expert. And assess accordingly.

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