Sink The Economy! CMBS Storm Unfolds As Delinquent Office Loans Hit Five-Year High (They Call Biden “The Sleeze!”)
by confoundedinterest17 Biden and The Fed are playing their own version of Johnny Horton’s “Sink The Bismarck!” This version is called “Sink The Economy!” The commercial real estate space is experiencing stress following the recent turmoil in the regional bank sector, with the rapid rise in interest rates, tightening lending standards, and structural changes, such as sliding demand …