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Commercial real estate will see 'a lot of things breaking' and is one of the reasons the Fed will stop raising rates, market veteran says

Mon, 10/16/2023 - 10:03

Tech Insider

Ed Yardeni, President and Chief Investment Strategist of Yardeni Research, in an interview on April 30, 2015 -- — Ed Yardeni.
Adam Jeffery/CNBC/NBCU/Getty Images

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

Mon, 09/18/2023 - 05:36

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

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

Thu, 09/14/2023 - 07:10

Tech Insider

Office towers — US office vacancy rates inched above a 2008 peak of 16.3%, per Colliers.
(Photo by Robert Alexander/Getty Images)

Markets, mi-exclusive, Markets, Offices, commercial-property, rising-interest-rates, interest-rates

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

Mon, 09/11/2023 - 11:57

Tech Insider

Chicago Skyline — Midsized cities could see higher tax rates and plunging property values as office demand falls.
Jeff Gentner/Getty Images

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