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Essential
•The Deep Dive
The 'Urban Doom Loop' for Commercial Real Estate
Looming catastrophe in U.S. commercial real estate is nothing new, but now the stakes are even higher.
Featuring Stijn Van Nieuwerburgh and Ash Bennington
Jun 20, 2023 • 63 minutes
With U.S. regional banks already having faltered this year, commercial real estate looks like the next pain point as 60% of CRE debt is held by banks. Ash Bennington welcomes Stijn Van Nieuwerburgh, Earle W. Kazis and Benjamin Schore professor of real estate at Columbia Business School, to examine the systemic risks CRE poses and what can be done to avoid a crisis.
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