Wave Of Up To $1 Trillion Commercial Real Estate Loan Defaults Looms Within Next 2 Years, Financial Services Industry Veteran Warns: ‘Going To Be A Very, Very Ugly Market’ – Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE)
Despite the prospect of the Federal Reserve reversing its rate hikes, a banking executive on Wednesday offered a bleak outlook for the real estate market. What Happened: The U.S. real-estate…