Started By
Message

re: A debt 'time bomb' looms for New Orleans' downtown office market

Posted on 3/21/24 at 7:57 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424401 posts
Posted on 3/21/24 at 7:57 am to
I'm no expert on CRE, but from what I've read/listened to, it seems like it's an industry that's developed really bad habits in how they engage day to day. Like a literal constant debt shuffle and re-negotiation but always carrying huge debt.
Posted by TigerBlood17
Member since Jan 2014
1460 posts
Posted on 3/21/24 at 8:23 am to
quote:

I'm no expert on CRE, but from what I've read/listened to, it seems like it's an industry that's developed really bad habits in how they engage day to day. Like a literal constant debt shuffle and re-negotiation but always carrying huge debt.


Most Lenders do a 5-year ballon note for commercial real estate, essentially requiring them to refinance every 5 years.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram