28th March 2023 But as Kiran Raichura, also of Capital Economics, pointed out to us last week, the Fed’s new lending facility is taking agency CMBS collateral at par, lessening any pressure on banks. View article
What’s next for commercial real estate after the $500 billion wipeout of 2023? It’s a lot more complex than ‘mass obsolescence,’ industry watchers say Sooner or later, commercial real estate’s day of reckoning had to come. Following an era of “ cheap money” that stretched all the way back to the 2008 housing crash and Great Financial Crisis, fueling... 30th December 2023 · Fortune
Commercial real estate values will suffer a $480 billion wipeout next year—and that’s following a $590 billion loss in 2023, research firm says Commercial real estate property values will fall another 10% next year, after falling 11% this year, Capital Economics’ deputy chief property economist, Kiran Raichura, wrote in a recently released... 19th December 2023 · Fortune
US Office Owners Get Dire Warning: Rebound Unlikely Before 2040 US office buildings are unlikely to regain their peak pre-pandemic values until at least 2040 as demand for desk space weakens, according to a forecast by Capital Economics. 23rd June 2023 · Bloomberg
