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Commercial Real Estate Correction Continues: The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

The distressed commercial real estate problem in the United States continues to grow. Remote work and reduced tenant space needs continue to plague the office space market. This may foreshadow a deluge of distressed properties developing in the intermediate term. This threat was previously identified by the Rabid Capitalist (see https://therabidcapitalist.com/2023/07/25/bank-lending-diet-or-starvation/, https://therabidcapitalist.com/2023/08/07/another-approaching-storm-multifamily-commercial-mortgages/ and https://therabidcapitalist.com/2023/09/28/going-off-on-the-office-market/).

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