Surveillance: Hike Probability with Dutta
Bloomberg Surveillance
00:00
The BlackRock Chase's Office Building in London
The market is evolving so quickly that those class A properties may be reclassified lower going forward. So again, I think we're early in the innings of this distressed cycle. The bottom line is Goldman Sachs has a page on commercial real estate. Chanale covered that. Allison Williams alluded to that. We've got our wonderful offices at Queen Victoria Street in London. And there's a motel six I stay out across the street. It's like two blocks away. Basically it's at half its value. That seems awfully pervasive in each and every city.
Transcript
Play full episode
