IPFS News Link • Economy - Economics USA
Oh Sh*t, Commercial Real Estate CLO Loans Are Collapsing
• Eurodollar University - YouTube.comAfter months of silence, a couple of critical developments from the beleaguered commercial real estate sector show up all at once. For the first time since the Global not-Financial Crisis, a senior tranche of a CLO took losses - a lot of losses - while redemptions threaten to force liquidations at one of the spaces more important CRE funds. Not good first signs for the bubble unwind.