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"title": "\"Severe Crash\" Looms For CRE Office Towers, Turmoil Lasting Years, Bloomberg Survey Finds",
"description": "ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero",
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"snippet": "About seven months ago, panic gripped financial markets over the regional bank meltdown, primarily due to exposure to the commercial real estate space, specific...",
"url": "https://www.zerohedge.com/markets/severe-crash-nears-cre-office-towers-turmoil-may-last-years-terminal-users-say",
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"published_at": "2023-10-03T02:00:00.000000Z",
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"highlight": "A Green Street commercial <em>property</em> <em>index</em> shows towers have already fallen 16% from a peak in March 2022.\n\n\"Nobody wants to sell at a huge loss,\" said Lea Overby, an analyst at Barclays Plc. \"These are properties that don't need to be sold for long periods of time, and that means holders are likely to delay a sale as long as they can.\"",
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