As the Federal Reserve delays rate cuts, investors are revisiting distressed-debt strategies within real estate, writes MarketWatch’s Joy Wiltermuth. Ellington Management Group’s Head of Commercial Real Estate Debt Leo Huang emphasizes the expected shifts in the commercial real estate sector: "I think there are hundreds of billions of dollars of debt that will change hands, a lot in office, but not all of it.” Read the full story here (subscription may be required): https://lnkd.in/gzTKv8sF #CommercialRealEstate #FinancialMarkets #MarketInsights
