Commercial Real Estate keeps suffering the aftermath of the pandemic and the new paradigm of #remoteworking combined with the #federalreserve#ratehikes. There are several indices that measure price performance for #cre but all of them are signaling contraction or stagnation at best. This is a problem for banks, which are the natural lenders for the sector, and cannot afford another surprise on the asset side of the balance sheet. They are already fighting against mark-to-market on their bond portfolio and now they have to deal with potential impairments on their #cre portfolio. This is another reason for the fed to pause on June, even as the market keeps discounting another hike.
Want to know more? join Fund@mental here https://apps.apple.com/us/app/fund-mental/id1495036084
Comentários