The Commercial Real Estate Crisis Just Got Worse

"Jerome Powell has come out and said that he expects to see more bank failures because of what's going on in the banking sector due to the commercial real estate market falling."

"we have this one .5 or so trillion dollar wave of debt in the commercial real estate market that's starting to come du a little bit in 2024 but even more in 2025"

"this is why valuations for these types of properties have been falling because investors just can't make any money with these high of interest rates"

"it's the same reason why commercial property foreclosures have been rising over the last 12 months"

"anytime you see pain happen in a sector it creates opportunity when the 20 20 stock market crash happened it created opportunity for investors to go in and buy stocks at a discounted price"

"some commercial real estate prices have fallen especially in the office Market not so much the apartment Market but a lot more in the office Market this creates opportunity for Savvy investors to potentially purchase this property either for themselves or to renovate and potentially turn into residential and turn into something else or to find some other opportunity with this property"

"if you have a business to go out and Lease an office and be a lot more aggressive with your lease for example you might have noticed that our studio setup looks a little bit different right now and that's because it is we're actually in transition of offices right now and we just leased a larger nicer office in Downtown Detroit and because of the shifting in the office market we've been able to be a little bit more aggressive with our negotiations"