​The Rot In The Commercial Real Estate Market In One Story – Tyler Durden

The Rot In The Commercial Real Estate Market In One Story Authored by Mike Maharrey via Money Metals, I’ve been watching the commercial real estate (CRE) sector as a potential catalyst for the next financial crisis. So far, it has managed to hold together, but there is still trouble brewing under the surface. The story of one commercial real estate investment by UBS Group is a microcosm of the commercial real estate market. In 2006, an investment fund managed by a division of UBS bought the Sports Illustrated Building in Manhattan for $332 million. It purchased the land under the…  — Continue at ZeroHedge News : Read More