I just was on a call about it and the port mgr stated that..
Posted on: May 21, 2024 at 10:39:03 CT
MUBIGDOG1 MU
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over $1T in loans are due to mature this year and next that will most likely need to be refinanced. If this debt cant be refinanced, look out as the keys to the assets may be handed back to the banks. Or speculative buyers will step in after the assets are valued at a fractional values. So watch real estate and the banks with large commercial loan books in the office sector.