Anyone who thinks they understand what is happening in the economy – and what will happen – should think some more. The post-pandemic state of the economy is somewhat of a mystery, but a mystery worth exploring. Unemployment...more
As odd as it may seem and as odd as it is to say, what the municipal market, medium-sized banks, and the real estate market need is a good old fashioned (but not too severe) recession.
On July 26, the Federal Reserve Board...more
Whether CCRC residency agreements are treated as leases or contracts under state law could impact the recovery of CCRC bonds in the event of the insolvency of the CCRC owner. Some states treat CCRC residency agreements as...more
9/9/2022
/ Appeals ,
Bondholders ,
Bonds ,
CMBS ,
Forbearance Agreements ,
Interest Rates ,
Leases ,
Mortgages ,
Real Estate Market ,
Refinancing ,
Rent ,
Security Deposits ,
Tax Exemptions ,
Uniform Commercial Code (UCC)
A combination of high debt, low interest rates, and supply and labor shortages has contributed to inflation. Some of this impact is the direct result of the COVID pandemic. COVID has also caused distress in certain vulnerable...more