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Navigating the Commercial Real Estate Void: Shadow Lenders and Credit Markets

1 min read
Source: Bloomberg
Navigating the Commercial Real Estate Void: Shadow Lenders and Credit Markets
Photo: Bloomberg
TL;DR

Shadow lenders such as Carlyle, Castlelake, King Street, HighVista, and Palladius are eyeing commercial real estate as traditional banks and the bond market pull back from lending. Regional banks, which make up 70% of commercial real estate loans in the US, are scaling back on lending due to the US regional bank crisis and rising loan defaults on troubled properties. This could potentially force borrowers to pay higher rates for deals.

Topics:businessfinance#bond-market#commercial-real-estate#finance#loan-defaults#shadow-lenders#traditional-banks
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  1. Shadow Lenders to Bridge Real Estate Void Left by Banks, Bonds  Bloomberg
  2. Commercial real estate industry on edge as downtown empty office space goes unused  Fox Business
  3. Commercial real estate is bruised but not broken  Financial Times
  4. Banking crisis: 'The real issue is the credit markets are essentially frozen,' PREIT CEO says  Yahoo Finance
  5. Unpacking the market's commercial real estate problem  Axios

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