Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Covid, hybrid work and interest rates have conspired to wreck the financial performance and asset value of office real estate. While markdowns have been commonplace, distressed sales have been a rarity. Short-term actions by tenants, lenders and owners have led to can-kicking, postponing asset realizations and losses. Distress is inevitable.
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The Rabid Capitalist 
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