Real Estate Pain Is Showing Up in an Obscure Investment Product Delinquencies soar as rising rates dent property resale values CRE CLO market is ‘first shoe to drop,’ says GenTrust’s Neely An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property ventures. Known as commercial real estate collateralized loan obligations, or CRE CLOs, they bundle debt that would usually be seen as too speculative for conventional mortgage-backed securities into bonds of varying risk and return. Michael PiccoiniStrategic Planning, Leadership & Analysis Professional with a background in healthcare, manufacturing and retail. I have a strong understanding of the complex world of revenue Management and how to make it more relevant, understandable, and actionable for executive leadership across all levels of an organization. My career has spanned several years at UnitedHealth Group, Inc. I obtained my B. Comm from the University of Windsor and MBA from Wayne State University « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts NYCB Shares Close Lower as Recent Gains Disappear READ MORE Powell says conditions needed to cut rates likely to take longer to appear READ MORE Gold is headed to $3,000 or higher, says this veteran strategist READ MORE Markets underestimate risk of inflation re-accelerating, says PIMCO READ MORE Gundlach Skeptical of 'Goldilocks' Economy, Foresees Recession READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
