Is a New Blow Coming for Real Estate ETFs?
ETF Trends reports: As we hear about home foreclosures and defaults on loans across the country, the commercial real estate market and its related REIT exchange traded funds (ETFs) brace for a possible multi-billion dollar collapse of troubled property loans.
Real Capital Analytics, a New York research company, estimates that $107 billion worth of income-producing property, such as hotels, offices, apartment complexes and warehouses, is in serious financial distress and another $84 billion worth of developments have been stalled or abandoned.
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Posted by: Nina Turner