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Landlords with office properties mired in a mountain of debt coming due might think twice before hoping for a U.S. recession that sparks interest rate cuts from the Federal Reserve.
“Don’t wish for a recession and lower rates,” said Deutsche Bank’s Ed Reardon and his team of credit researchers, in a midyear outlook. “Recession will cause spreads to widen and lead to demand destruction for CRE.”
In…
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This article was written by Follow Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software...
This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...
