Top economist Mohamed El-Erian warns of commercial real-estate pain as 'massive' refinancing looms

Tech Insider
Mohamed El-Erian
Mohamed El-Erian, Chief Economic Advisor of Allianz and Former Chairman of President Obama's Global Development Council, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017.

Lucy Nicholson/Reuters

US commercial-property crisis deepens with office vacancy rate topping 2008 highs to hit a new record

Tech Insider
Office towers
US office vacancy rates inched above a 2008 peak of 16.3%, per Colliers.

(Photo by Robert Alexander/Getty Images)

JPMorgan's Jamie Dimon warns of recession and rate hikes, flags global dangers, and quotes Warren Buffett twice in a new interview. Here are the 8 best quotes.

Tech Insider : Economy
Jamie Dimon
Jamie Dimon.

Getty/Win McNamee

The S&P 500 looks risky and expensive - and could plunge 25% if something shocks the system, Morgan Stanley's stock chief warns

Tech Insider
Mike Wilson
Mike Wilson.

Bloomberg TV

Office sector collapse will cost US banks as much as $250 billion, hedge fund boss says

Tech Insider
The interior of an empty office

Macklowe Properties

The crashing office market will deepen the economic 'doom loop' for America's cities, economist says

Tech Insider
Chicago Skyline
Midsized cities could see higher tax rates and plunging property values as office demand falls.

Jeff Gentner/Getty Images

WeWork says it will renegotiate nearly all of its leases - and it's another sign that commercial real estate is in trouble

Tech Insider
WeWork

Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images

'Shark Tank' investor Kevin O'Leary warns of 'real chaos' in the coming months as high interest rates batter the US economy

Tech Insider : Economy
kevin o'leary

Andrew Burton/Getty Images

Subscribe to commercial-real-estate