5 Comments
User's avatar
NYUGrad's avatar

Still waiting for "Mark to Market" rules to be enforced in commercial RE.

Alyosha's avatar

not in this decade. maybe in a history book?

Andy Fately's avatar

how about in PE? or even more concerning lately, Private Credit?

NYUGrad's avatar

I suspect mark to market will rear its head when creditors demand it so they can at least get paid back at some baseline valuation, to stop the waterfall. Just my suspicion.

Andy Fately's avatar

it will be a literal fight to the death I think, cause lots of PE and PC firms are likely already insolvent