Shadow Lenders Move in as Banks Retrench

DerekJohnson

https://bloomberg.com/news/newsletters/2023-04-13/bloomberg-evening-briefing-shadow-lenders-move-in-as-banks-retrench

DerekJohnson

https://www.youtube.com/watch?v=BtlbL_fkX6k

Blackrock is up to some evil things to gobble up far more property at 50 cents on the dollar, per George Gammon

Blu82

Yep, if you have some cash it's time to make some money. And, money will be made.
Commercial real estate is in DEEP shit.
The late 70's to early 80's was mild when compared to the potential lying ahead now.

RaceBannon

Warehouse space is at at premium. Office space is dirt cheap

Invest in tilt ups in the outlying areas

WestlinnDuck

RaceBannon said:

Warehouse space is at at premium. Office space is dirt cheap

Invest in tilt ups in the outlying areas

The problem for office space, especially downtown office space like in Portland and San Francisco is there is no recovery plan. Not short term, mid term or long term. What business wants to locate in an unprotected shit hole and then try to lure customers to the shit hole?