PREVIEW: Excerpt from a conversation with Chris Riegel of Scala.com re the defaulting wave sweeping commercial real estate across America's major and secondary cities. The WSJ says between now and 2027 $2.2 Trillion of commercial buildings are coming due,

PREVIEW: Excerpt from a conversation with Chris Riegel of Scala.com re the defaulting wave sweeping commercial real estate across America's major and secondary cities. The WSJ says between now and 2027 $2.2 Trillion of commercial buildings are coming due, and WFHome or exodus means that buildings can be marked down 50% or much more. 

https://www.bloomberg.com/news/articles/2024-01-16/blackstone-s-defaulted-nyc-office-loan-for-sale-at-50-discount?sref=5g4GmFHo

1913 Old Morgan building for the wrecking ball.