The First Domino? Investors Pull Billions as Real Estate Bank Runs Return
Investors are pulling billions of dollars (yes, billions) out of real estate investments at a record pace as “bank run” style withdrawals return. Blackstone has already seen record withdrawal requests of over $3 billion. Could this be the first domino to fall that could set off a private credit crisis, pulling multifamily prices down even more?
We’re back with this week’s biggest headlines—from mortgage rates rising back to six-month highs to corporate headquarters being converted into housing—there’s almost too much to talk about happening in the housing market. First, mortgage interest…
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