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- A real-estate recession is coming as commercial property will be the next domino to fall, according to top execs.
- "That's the next shoe to drop in the US. Like everything else, it has been priced so tightly," Apollo's co-president told the FT.
- Tighter credit conditions and remote-work trends are among factors disrupting the commercial property industry.
Brace for a real-estate recession as commercial property will be the next domino to fall in the US economy, according to top executives at Guggenheim Partners and Apollo Global Management.