Weekly Update, Sept 1, 2023 - Secret CRE distress, housing market freeze, is crowdfunding for CRE dead?
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Description
In today's commercial real estate news update with guest Dave Saxe of Calvera partners, we cover these topics and articles: 1. Interest rate lag and the inevitability of more distress to come https://www.globest.com/2023/08/29/maybe-secret-distress-is-behind-cre-market-performance/ https://www.bloomberg.com/news/articles/2023-08-23/landlords-with-1-2-trillion-of-debt-face-rising-default-risks 2. The housing market is frozen https://www.bankrate.com/mortgages/high-rate-spreads/ https://markets.businessinsider.com/news/commodities/housing-market-broken-mortgage-rates-supply-demand-mohamed-el-erian-2023-8  3. Is crowdfunding for CRE dead? https://newrepublic.com/article/172775/grant-cardone-hustle-culture-real-estate https://www.propmodo.com/will-crowdfunding-for-commercial-real-estate-ever-catch-on/
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