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Trickle-down… commercial real estate crisis?

Jul 20, 2023

Trickle-down… commercial real estate crisis?

Spencer Platt/Getty Images

With so much commercial real estate sitting empty, banks are concerned that difficulty selling could snowball into credit losses and a rise in loan defaults. Will the broader economy feel that stress? Plus, FEMA needs more cash and Netflix's stock dropped.

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A Warmer World

Financially, FEMA may not be equipped to handle climate change

by Samantha Fields

Jul 20, 2023

The Federal Emergency Management Agency's disaster relief fund is likely to be in the red sometime next month.

While FEMA will be able to find the cash to handle disasters like hurricanes and tornadoes, funding for rebuilding or mitigation programs are running thin.

Scott Olson/Getty Images

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Here's what might happen if all that open office space stays empty

by Sabri Ben-Achour , Alex Schroeder and Erika Soderstrom

Jul 20, 2023

One thing seems likely, says Lisa Knee of EisnerAmper: real estate is going to need new, creative investors to stay on track.

Office building vacancies are climbing, property values are sagging. That might have implications for all of the investors tied up in commercial real estate debt.

Andrew Caballero-Reynolds/AFP via Getty Images

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Ariana Rosas Producer

Jordan Mangi Digital Producer

Jesson Duller Media Producer

Nick Esposito Media Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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