David Sacks
@DavidSacks · 29. Mai 2023
Update: LA office towers are selling for less than the amount of debt on them. This is true for SF too and other big cities.
matt roberts@mattroberts· 28. Mai 2023L.A.’s office towers have, on average, $230 in debt per foot, The only building to sell this year went for $154 per foot. That’s a lot of water. LA’s biggest landlord, the Canadian giant Brookfield, has defaulted on more than a billion $ of loans this year
Elon Musk
@elonmusk
Commercial real estate is melting down fast. Home values next.
17:39 · 29. Mai 2023 · 1,6 Mio. Aufrufe
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