Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
In June 2025, the Rabid Capitalist noted that, contrary to assurances from real estate executives, the office property market had not bottomed. Commercial mortgage-backed securities delinquency data from Trepp has confirmed that the office market has not stabilized. Conditions have continued to weaken.
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The Rabid Capitalist 
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