Goldman Sachs Exchanges Commercial real estate risks
4 snips
Oct 17, 2023 Scott Rechler, Chairman and CEO of RXR, and Stijn Van Nieuwerburgh, Professor at Columbia Business School, discuss the risks in US commercial real estate including the impact of rising interest rates and a pullback in lending. Topics include office occupancy rates, converting office space, risks for investors and banks.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 5min
The Vulnerability of Office Buildings and Sharp Declines in Value
05:08 • 7min
Reallocation and Conversion of Office Space for Other Uses
11:45 • 3min
The Risks and Implications of the Crisis in Office Real Estate
14:58 • 3min
The Risks of Commercial Real Estate and its Impact on Banks
18:17 • 6min