'A crisis is about to happen': $929 billion in commercial real estate debt is about to come due - Upgoat

'A crisis is about to happen': $929 billion in commercial real estate debt is about to come due
submitted by Scyber to EconomicCollapse 1 weekMay 9, 2024 15:02:32 ago (+14/-0) (www.msn.com)
https://www.msn.com/en-us/money/realestate/a-crisis-is-about-to-happen-929-billion-in-commercial-real-estate-debt-is-about-to-come-due-will-america-s-regional-banks-survive-the-storm/ar-BB1m5EyB?ocid=msedgntp&pc=U531&cvid=3d4b1257be7c4b48a1224ab4e5cc703b&ei=12

One-fifth, or $929 billion, of the $4.7 trillion of outstanding commercial mortgages held by U.S. lenders and investors will come due in 2024, according to the Mortgage Bankers Association (MBA)’s 2023 Commercial Real Estate (CRE) Survey of Loan Maturity Volumes.

18 comments block

sort by: hot new top old low

[ - ] iSnark 3 points 1 weekMay 9, 2024 16:16:13 ago (+3/-0)

And in other news, the war on remote work will significantly intensify as company executives mandate that their employees report back to the office daily as new (((studies))) show that employee productivity for remote workers is declining!

[ + ] Rotteuxx

[ - ] Rotteuxx 1 point 1 weekMay 9, 2024 19:22:08 ago (+1/-0)

Business associations are pulling together to put pressure on their political donation recipients to bring people back into downtown cores to spend money.

[ + ] iSnark

[ - ] iSnark 0 points 1 weekMay 9, 2024 19:54:18 ago (+0/-0)

It's all fucked up! We have the worst government imaginable! Government stands in the way of so much progress! Why don't we have Sunshine laws for politicians and courts of law dedicated to punishing corrupt politicians that put their own well-being and interests over that of their constituents?

[ - ] Fascinus 3 points 1 weekMay 9, 2024 15:16:11 ago (+3/-0)

Archive link: https://archive.ph/hPtn9

[ - ] Doglegwarrior 2 points 1 weekMay 9, 2024 15:36:03 ago (+2/-0)

Thry will call an emergency session and print 4 trillion more dollars and rescue the jews behind all this

[ + ] Clubberlang

[ - ] Clubberlang 1 point 1 weekMay 9, 2024 23:02:52 ago (+1/-0)

BREAKING

If more money isn't printed for Ukraine in the next 24hrs democracy could in fact die!!

11th hour

Democrats along with all but 2 Republicans agree to print another 140 billion for Ukraine thwarting yet another attempt to kill democracy!

Everyone celebrates by waving Ukraine flags in the senate.

Sound familiar, yeaaaaaaa.

[ - ] Doglegwarrior 2 points 1 weekMay 9, 2024 15:35:23 ago (+2/-0)

I bought a house to flip about 4 months ago. A giant red light went off somewhere and someone said ok that guy is investing time to destroy it all!!!

[ + ] xmasskull

[ - ] xmasskull 2 points 1 weekMay 9, 2024 17:36:39 ago (+2/-0)

Ah Ha,THIS is all YOUR fault!! yuk,yuk,yuk!!

[ + ] Monica

[ - ] Monica 1 point 1 weekMay 9, 2024 19:35:32 ago (+1/-0)

In America, house flips you!

[ + ] Clubberlang

[ - ] Clubberlang 1 point 1 weekMay 9, 2024 23:06:20 ago (+1/-0)

Why did you gave a red light in your house?

I conveniently dont understand context online.

[ - ] RedBarchetta 0 points 1 weekMay 9, 2024 17:35:38 ago (+1/-1)

OP you believe this WHY? Two minutes researching shit. Moreso when its on MSN. Fake and Gay.Its the same fucking story all over the net.

https://muckrack.com/bethan-moorcraft/articles

[ - ] ButtToucha9000 0 points 1 weekMay 9, 2024 17:19:08 ago (+1/-1)

Archive your shit

[ - ] SilentByAssociation 0 points 1 weekMay 9, 2024 16:24:48 ago (+0/-0)

I wonder what the solution(s) will be. Bailout? Loan modifications? This isn't concerning to me because they're only telling part of the story.

[ + ] SmallGuyFromBrooklyn

[ - ] SmallGuyFromBrooklyn 0 points 1 weekMay 9, 2024 17:10:04 ago (+0/-0)

The loans will be forgiven ala 2008, jews will use bankruptcy protection laws to not owe a dime, the goy get screwed again.

[ + ] SilentByAssociation

[ - ] SilentByAssociation 0 points 1 weekMay 9, 2024 19:10:38 ago (+0/-0)

Consequence free, as usual. It just adds to the "karmic payback" that's accumulating down the road.

[ + ] Clubberlang

[ - ] Clubberlang 1 point 1 weekMay 9, 2024 23:08:37 ago (+1/-0)