Oct 5th, 2023
KKR's Rosenberg Sees No Capitulation for US Real Estate Market
Ralph Rosenberg, KKR's global head of real estate, says the overall US real estate market will not experience a "step-function" decline, while singling out the office market as a sector that could face forced sales and loan renegotiations. "You're going to see either forced selling to repay lenders. You're going to see a lot of renegotiations with lenders to extend maturities," he says on "Bloomberg Markets: European Close."
