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Shifting Real Estate

The real estate market is adjusting to current interest rates and recent shifts in professional working arrangements. The most obvious shift has been the move to remote work, but the impact of interest rates is sneaking up on many property owners, big and small. Historically low interest rates in the years 2020-2022 provided a lot
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CRE June 2023

While residential real estate has seen an increase in demand and prices in many areas, commercial real estate is experiencing significant challenges. An article in the Wall Street Journal highlighted how the current commercial real estate downturn differs from past ones and how it is impacting property owners and investors. The current downturn is different
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BROOKFIELD’S LOS ANGELES OFFICE COMPANY IS ROILED BY DEFAULTS

Commercial real estate has been particularly hard hit. With many tenants struggling to pay rent and many landlords facing debt and liquidity challenges, the sector has seen a surge in defaults, foreclosures, and bankruptcies. One such case is the Los Angeles office company of Brookfield Asset Management, a global alternative asset manager that manages more
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DOWNFALL OF SIGNATURE BANK

Signature Bank is one of the first banks in the United States to embrace cryptocurrency. While many banks have been hesitant to invest in or support cryptocurrency, Signature Bank has taken a different approach. The bank has recently increased its cryptocurrency exposure, citing a slowdown in real estate lending as the reason for the move.
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