Marc Rowan, First Republic, Stagflation, and AI (Podcast)
Bloomberg Intelligence
00:00
The State of the Commercial Real Estate Market
Banks are less than 20% of all lending in the US. People fly to safety when you have any sort of crisis. Everyone has a regional bank. It'll be interesting to see how the system deals with the fundamental issues facing regional banking. Every piece of real estate, everywhere in the world that was purchased, pre the run up in interest rates, is now worth less.
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