from Nick Huber | by Nick Huber

What people don’t understand about this bank debacle: With a ton of crappy mortgage backed securities on the balance sheet they won’t be able to lend and will need to start calling other, shorter duration, loans to free up space. Commercial real estate will be the first to fall… t.co/hCcEZbM6qC

I personally own over $150 million worth of commercial real estate. I have about $65 million in debt, all on 5 year term or less - meaning the loans will expire and I’ll need to repay them or renew them before 2027. $13 million of these loans mature in 2024. Will the banks… t.co/F0NsjTK2Px