America's real estate market could see a $1 trillion default wave as things turn 'very ugly,' billionaire CEO says

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Prime Retail Space for Lease sign in window

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Financial disaster is looming for American commercial real estate. Here's what experts see happening next.

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Experts have been worried about the commercial real estate space for months as over a trillion dollars in debt approaches maturity.

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Rising corporate bankruptcies and debt defaults are another headwind for the economy, experts warn

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Recession outlook, going out of business, economy
The US economy is showing resilience, but experts warn a recession is still on the table.

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US corporate debt defaults surge 176% as the Fed's war on inflation pushes more companies into financial distress

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Howard Marks warns more companies will default as they feel the full force of the Fed's inflation fight

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Howard Marks of Oaktree in front of an Oaktree label on a white filing cabinet.
Oaktree Capital Management cofounder Howard Marks.

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