The FDIC has commissioned commercial real estate firm Newmark Group to handle the sale of some $60 billion worth of loans that the taxpayers are currently holding, leftover from the collapse of Signature Bank. The sale of these loans will be an important data point as the finance world wonders just how bad the market for commercial real estate has become.
Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF
Affiliate Links:
Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/
The Ledger Nano X: My favorite Hardware Wallet for Cold Storage of Crypto Assets: https://shop.ledger.com/?r=23974ce6def9
Save $50 Crypto Tax Preparation with Pro Bitcoin Solutions: https://probitcoinsolutions.com/NSF
Recommended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y
Atomic Habits by James Clear: https://amzn.to/423Odoy
Why We Need The Fed (blank gag book) by Joe Brown: https://amzn.to/403amBS
Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE
#Nawmark #commercialrealestate #bankrun #binance
Recent Comments