Against that backdrop, US regional banks have become an area of concern given their large exposure to commercial real-estate sector. On top of that, there's a wall of CRE debt - initially financed at low interest rates - that's facing impending rollover.Īccording to data cited from Trepp by JPMorgan, nearly $450 billion in commercial real-estate debt is due to mature in 2023 - meaning a final payment on those loans are due. Save up to 80 versus print by going digital with VitalSource. Pressure has been building on the commercial real estate (CRE) industry this year as it faces a slew of headwinds including high interest rates, tighter lending standards, and work-from-home trends. The Insiders is written by Mark Oshiro and published by HarperCollins. 'Lenders will be very choosy about what loans they are willing to make,' she added. While adjusting to a new life in a small town and getting bullied for being gay, Hctor stumbles upon. 'We're likely going into a real-estate recession, but not across the entire real estate market,' Guggenheim Partners chief investment officer Anne Walsh told the Financial Times.

The Insiders is their middle grade debut. When they are not writing, they are busy trying to fulfill their lifelong goal of petting every dog in the world. Brace for a real-estate recession as commercial property will be the next domino to fall in the US economy, according to top executives at Guggenheim Partners and Apollo Global Management. Mark Oshiro is the award-winning author of the YA books Anger Is a Gift and Each of Us a Desert.

The insiders by mark oshiro