finance

The delinquency rate on commercial mortgage-backed securities (CMBS) for offices spiked to 8.1% in July, the highest in 11 years.

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

Data enthusiast 🇯🇵 | Ⓜ️oxie AtoZ

I see. So many indicators pointed towards the imminent rate cut.
>the CME FedWatch tool showing a 51.5% likelihood of a 25 basis point cut in September and a 48.5% chance of a 50 basis point cut.

Let’s see how we end up bailing them out just like our taxes dollars did in 08

Content appreciation contribution 250 $DEGEN

anddddd commercial real estate will keep falling

Join the movement, create a better everything, all we need to do is keep building. /justbuild /talkstory $units $justbuild $moxie

Yeah, but CRE has been teetering on collapse for a long ass time and there are so many regionals (big banks too, but esp them) that have HUGE unrealized losses on their books because their commercial urban centers have collapsed due to the lack of demand for office space, 

We could be seeing another epic FED intervention, as a brrrrrrrrrr situation will be needed even as its slashing rates.

There are a lot of dominoes that seem like a gentle push away from going kaput

Commercial real estate is one of those big dominoes that have been waiting to fall since Covid and along with it a lot regional banks. This is a huge crack in the wall. Get ready for a big bail out.