Commercial Mortgage Bond Market in Crisis, Prime Commercial Buildings for Sale

Bonds backed by commercial mortgages face disaster as real estate values crumble. Two prime commercial buildings in Glenside are now on the market. Plus, Long Beach takes proactive steps to revitalize its downtown area. Also, all commercial space at WTC in south Delhi sold, showcasing the growing preference of PSUs for ownership.

Sources:
https://markets.businessinsider.com/news/bonds/real-estate-crash-commercial-property-prices-investing-mortgage-backed-securities-2024-8
https://glensidelocal.com/two-residential-commercial-buildings-in-glenside-one-with-2-br-apartment-now-on-the-market-for-615k/
https://lbbusinessjournal.com/real-estate/vacant-property-map-long-beach-commercial-office-space/
https://www.hindustantimes.com/cities/delhi-news/all-commercial-space-at-wtc-at-nauroji-nagar-in-south-delhi-sold-nbcc-101725039459338.html

Outline:
(00:00:00) Introduction
(00:00:45) Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
(00:02:51) Two residential/commercial buildings in Glenside, one with 2 BR apartment, now on the market for $615K
(00:05:03) Nearly 400 commercial properties sit empty in Long Beach; those in power really want to change that
(00:08:11) All commercial space at WTC at Nauroji Nagar in south Delhi sold: NBCC