It’s hard in real time to identify the market distortions created by such dramatic movements in the 10 year treasury, but will really be interesting to see where the bodies are buried when we’re no longer punishing savers at today’s low rates so far below the long term average

Sounds compelling!

It’s clear the problem with commercial real estate stems from higher rates. If jpow were to ease off the gas just a little, the banks would finally start lending to office buildings again

The only difference between investors not getting their money refunded out of escrow today before it was even invested in the deal and had the deal actually closed is marking those funds to zero now or in 5-7 years

These are rounding errors for LA overall and downtown LA office has barely been relevant for a decade aside from a brief window of excitement for media companies in the arts district

$4mm lmao. I would simply delete everything are you kidding that’s like a tiny fraction of the liability for what people are prob writing in there

Requesting @somehotelguy.bsky.social to make his inaugural post about sonder

Gonna be posting on so many sites by this weekend

Posting in the skeets DMing in the tweets

Someone actually looked at pacaso and said “yeah, I want to copy that not a time share thing and then also make it even worse by finding a cringier name”

BREIT: “A shareholder who began submitting repurchase requests when proration began has received over 90% of their money back and the semi-liquid structure is working as intended.” [since November 2022]

Day to day movements being irrelevant aside, it’s so fun to see $bx and $pld both up since announcing the transfer of $3B of assets from the funds into their defacto continuation vehicle

Mfw posting here

Oh man we are back

We’re gonna do it. We’re going to do the millennial trad boom to the burbs for the next 15 years what we did for the cities the last 15

By 2033 I expect to be blocked by the CEO of this app as well. Until then let’s get it going. Maybe more single name thoughts and less trolling with a smaller / more contained crowd. I’ll treat this as my OnlyFans.

I don’t think crypto could have happened with twitter as it is

Neurotic chart for $pkst

Love that Stanley Black and Decker buried here between banks and REITs for issuing some awesomely long bonds

should have thought of that before torching an entire real estate investment group on a single office reit take private

There’s something to be said for the trad conservative movement given how nice it feels to go back in time to a world of character limits and no copypasta wiki threading

@weisenthal.bsky.social are you allowed to do the Disney one over here too or is it strictly no dual posting etiquette

I think it should be pronounced in its native slavic, blueski

asset prices just a race between multiple contraction because of rates to fight inflation and nominal price inflation

Do I think it’s semi dumb to dunk from over there to over here? A bit. Will I do it anyways watching the worst grifters defend the indefensible? 100

What’s twitter debt trading at these days? Bluesky should be backed to buy when time is right and allow people to port over their networks