Snippets from Tippett Blog

The objective of Snippets from Tippett is to educate and provide industry insight. Our promise is to enlighten and showcase current developments pertaining to commercial and residential real estate markets, real estate financing, real estate market trends and business lending.

Powell warns commercial real estate woes will lead to bank failures: ‘This is a problem that we’ll be working on for years’

Tippett’s Snippet:

Crazy, crazy times. I haven’t seen a seismic shift/change in this capacity in both the Commercial and Residential Real Estate sectors in my 22 years in business. This will have a greater, longer lasting effect than 2008.

Click here for full original article, March 7, 2024 on Fortune.com

Brad TippettApril 2, 2024