Real Estate Is Killing Banks Again
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Real Estate Is Killing Banks Again
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About this listen
👉 Get the list of Office REITs: https://stockcard.io/featuredtheme/REIT%20-%20Office
👉 Research Alexandria Real Estate Equities #ARE #REIT: https://stockcard.io/AXP
👉 Research Boston Properties #BXP #REIT: https://stockcard.io/BXP
If you mix these three ingredients:
- High interest rates,
- Commercial property and office buildings’ low occupancy rates,
- And $2.8 trillion in commercial loans coming due for refinancing in the next four years,
You get: Loans that won't be paid back, and banks holding those loans that would be running out of cash fast!
The real estate sector is killing the banks again!
We saw a glimpse of this situation last week. New York Community Bancorp reported a surprise $252 million earnings loss and $552 million in loan losses, a 790% jump in loan losses compared to the previous quarter.
In today’s episode, I'll explain what's happening with commercial real estate and regional, share interesting investment opportunities, and discuss two REITs to consider buying now to take advantage of the situation.
Let’s talk about them!
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hodamehr.substack.com