Tag: Commercial Real Estate
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Commercial Real Estate
1.4 trillion of commercial debt is coming due in the US alone, and with the cost of borrowing being up and the value of buildings down, refinancing may not be possible for some. Many banks, lenders, and owners have to decide what to do as it is unclear how much further down it will go.…
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Rubenstein on Real Estate
David Rubenstein, co-founder and co-chairman of Carlyle Group, believes that the biggest investment opportunity over the next 2 to 3 years lies in the discounted real estate debt market, specifically in large commercial office buildings in major cities. Rubenstein acknowledges the challenges facing some cities, such as public relations issues and declining real estate prices,…