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Day: June 24, 2022

June 24th – Pulling the Ripcord

By Adam DeermountIn Basis PointsPosted June 24, 2022

What I'm Reading Pulling the Ripcord: Looking back, the non-bank mortgage lenders rushing to sell shares to the public last year was probably the peak of the business cycle.  Since then, borrowing costs have doubled, the market has slowed to a crawl and the buyers of those IPOs are left holding...

Tags: CMBS, Construction, Distress, Economy, Housing, Inflation, Mortgage, Office, WTF
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