Barron's: Commercial Real Estate Will Rebound, Including the Office Sector, Says Investor
Commercial real estate may remain troubled in 2024, but look for a rebound in 2025, says longtime investor Sonny Kalsi.
Worries about commercial real estate intensified this past week in the wake of New York Community Bancorp’s half-billion dollar reserve charge for losses on its real estate loans. Kalsi, who oversees some $80 billion in private funds invested in commercial real estate around the world at BGO, has seen it all before and he isn’t pushing the panic button.
