Published Columns

When the Lights Go Out in the City

Working from home is likely here to stay and commercial landlords are not collecting rent on the reduced office space retained by their tenants. The eviction moratorium is slowly destroying these owners, eventually leading to increased defaults of commercial loans. What will happen once the short -term forbearance period expires? Vacancies will rise and the sharks will circle the distressed real estate market as they did in the ’80s and ’90s. Unfortunately, the pain will

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