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The idea that only smaller banks are facing trouble from CRE loan portfolios is now out the door.
The gap between demand and supply is narrowing.
The big investor targets are in income tax-free states or areas with strong demographic drivers.
Plus, June FOMC minutes show more concern about CRE.
The Fed is setting interest rates based in part on old data.
In Minnesota, each dollar lost from the tax capacity of an office tower must be recuperated from other properties.
Could it impact healthcare real estate transactions?
Major players acquiring large tracts to the north, south of Miami-Dade.
Invokes 1939 law to collect millions in taxes on public housing projects.
It paid $29 million for three mixed-use assets.