Open Deuren - NYC Real Estate

10/30/2023

https://www.telegraph.co.uk/business/2023/10/27/rising-wave-property-defaults-threatens-us-banks/?utm_source=substack&utm_medium=email

Vulnerable lenders are being squeezed on all sides as a debt-laden real estate sector succumbs to hybrid working

10/17/2023

War, expanding wars, which require astronomical amounts of debt to be borrowed into the system will have much the same effect on world stock markets as central bank quantitative easing. A problem which will lead to much greater price distortions across the spectrum of assets- and set the stage for much higher inflation.

-- Gregory Mannarino

10/16/2023

https://thehill.com/opinion/finance/4252905-a-troubled-world-economy-points-to-global-catastrophe/?utm_source=substack&utm_medium=email

Troubles are coming to the world economy — not as single spies, but as battalions.

10/05/2023

THE most troubled bank on Wall Street, Bank of America (BAC) which is saturated WALL TO WALL with bad debt including mortgages going into default, has a message for you!

BAC says: “There won’t be a housing crash, just some ‘turbulence.”

To me this is literally THE KISS OF DEATH!

-- Gregory Mannarino

08/26/2023

https://www.gobankingrates.com/investing/real-estate/key-signs-of-housing-bubble/?utm_source=substack&utm_medium=email

Learn the signs of a housing market crash to protect yourself.

06/29/2023

Insider's Phil Rosen breaks down how central bank economists expect the new few months to pan out for businesses.

06/08/2023

🏢 Commercial real estate landlords have some $1.5 trillion in commercial mortgages coming due over the next 3 years.

Most of these—88% as of 2021—are interest-only loans, meaning borrowers make only interest payments during the life of the loan before paying off the principal in a lump sum at the end.

Owners usually obtain new loans or sell the building to pay off this debt.

Now, however, with rising borrowing costs, lenders aren’t keen on refinancing.

This means the CRE market–particularly office owners where an estimated 83% won’t be able to refinance–could be headed towards a wave of defaults.

01/12/2022

A penthouse on the 90th floor in downtown New York City.

Prepare $50 million and it's yours!

11/13/2021

News Analysis As China’s real estate crisis continues to grow, the impact on U.S. real estate is starting ...