My podcast guest today, Paul Fiorilla, Director of US Research at Yardi Matrix, discusses how recent banking failures have impacted commercial real estate and concludes that it is not as bad as some pundits seem to believe.
Noting that information distributed by otherwise reputable sources has been based on erroneous assumptions, Paul discusses the various ways CRE is financed and the relative impact banks have on providing liquidity. Though the prognosis is not positive, it is not as bad as has been portrayed and in today's podcast you'll learn why from one of the foremost experts in the industry.
