The Commercial Real Estate Crisis Didn't End — It Moved
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The US office bust has entered a new phase, one where time runs out as billions of dollars in loans come due. While New York and San Francisco are rebounding, Chicago, Denver and Philadelphia may never be the same. The Office Bust Is Shifting From Empty Towers to Investor Losses: https://bloom.bg/4xI9a6Z With interest rates staying high and billions in loans coming due, US cities and building owners are finally having to contend with the crisis. #RealEstate #Business #Investing Watch more mini documentaries from Bloomberg: https://www.youtube.com/playlist?list=PLGaYlBJIOoa_EzzMpticURNR29AiQi10v Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Tags: finance, news, Bloomberg, business, economy, us, Commercial Real Estate Crisis, real estate, commercial real estate, real estate bubble, commercial real estate bubble, commercial property, office buildings, empty office buildings, zombie offices, real estate investing, investing, markets, real estate investing news, real estate bust
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