Commercial real estate delinquencies have just smashed the 2008 crisis record, leaving over a trillion dollars in property loans that can’t be refinanced. Private equity firms are quietly assembling the biggest war chest in history, ready to swoop in and scoop up distressed assets once defaults start piling up.
America’s once-shiny skylines are turning into trillion-dollar tombstones, and while most people aren’t paying attention, vulture investors are already circling to profit from the wreckage.
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