Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

Nearly 20% of outstanding debt on US commercial and multifamily real estate — $929 billion — will mature this year, requiring refinancing or property sales

Nearly 20% of outstanding debt on US commercial and multifamily real estate — $929 billion — will mature this year, requiring refinancing or property sales, per Bloomberg. The office meltdown will result in $1 trillion of losses, real estate billionaire Barry Sternlicht has said. According to Bloomberg, Sternlicht stated at the Global
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