Are office buildings the last prop holding banks from imploding?
Small banks are hiding massive losses in CRE. Massive, like going out of business levels of losses.
That's why they're kicking the can hoping they don't have to foreclose. There's nothing to foreclose on.
This shit would make Lehman look like a walk in the park.
That's why…
— Darth Powell (@VladTheInflator) August 26, 2025
Non-performing mortgage loan on a two-building property at 10255 and 10275 Higgins Road in Rosemont, Illinois sells for 56% of outstanding amount.
Sold for about $26.5M vs. balance of $47.3M.
Alabama-based lender Regions Bank originated the $50M mortgage loan in 2018.
The deal… pic.twitter.com/QVH0knRW3G
— Nightingale Associates (@FCNightingale) August 27, 2025
Tom Lee said he thinks Financials will be one of the sectors leading over the next 1-2 years https://t.co/LZyDGqrvBj
— Evan (@StockMKTNewz) August 26, 2025
Austin, TX's rental market has corrected hard.
Asking rents are down 18% in the last three years.
And now, rents are almost back to pre-pandemic levels.
Apartment developers in Austin are taking it on the chin after overbuilding in this market for the last 5 years.
The good… pic.twitter.com/bDIsbRRBzu
— Nick Gerli (@nickgerli1) August 26, 2025