Office real estate: The 800-pound gorilla
US regional banks may face a crisis due to their exposure to the shaky commercial real estate sector
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WHAT’S the outlook for the office real estate sector and US regional banks?
In Sonny Kalsi: Navigating Bank Failures and Commercial Real Estate Holdings, a Guiding Assets podcast from CFA Institute, Paul Andrews, the institute’s head of research, advocacy, and standards, spoke with Sonny Kalsi about the sector’s prospects. Kalsi is co-CEO of BentallGreenOak, a leading global real estate investment management adviser and provider of real estate services with about US$83 billion in assets under management.
Financial market practitioners and observers have grown increasingly anxious this year about the health of the economy and particularly about the banking sector’s exposure to the real estate sector.
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