#PREVIEW: #CRE: ##SANFRANCISCO: From a conversation with colleague Chris Riegel of Scala.com of the Commercial Real Estate markdowns underway in the US and Europe and Asia --since the pandemic lifted and WFH did not abate. The markdowns are severe -50%-70

Feb 08, 06:56 PM

#PREVIEW: #CRE: ##SANFRANCISCO: #NEWYORKCITY: From a conversation with colleague Chris Riegel of Scala.com of the Commercial Real Estate markdowns underway in the US and Europe and Asia --since the pandemic lifted and WFH did not abate. The markdowns are severe -50%-70%-, and so are the anecdotes of investors defaulting entirely and walking away, from San Francisco to London.  More later tonight.

1909 NYC City Hall


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