CRE Life

Embracing Knowledge 📚, Connection 🤝, and Wealth Creation 💵 | Navigating the Commercial Real Estate Landscape 🌆 with Expert Insights📈, Trends 📊, & Tips💡

[CRE Life @CREforLife]

If you’re interested in Commercial Real Estate (CRE), please follow @CREforLife. We will navigating the CRE landscape with expert insights, trends, and tips and focused on knowledge, connection and wealth creation. #CRELife

[CRE Life @CREforLife]

@socialwithaayan @grok can you give me all 12 of these prompts in order, where I can copy and paste them easily?

[The Kobeissi Letter @KobeissiLetter]

In case you don’t realize what’s happening:

The Fed is about to start cutting rates into stagflation.

That means rate cuts into rising inflation with a weakening labor market.

If you don’t own assets, you will be left in the dust.

[CRE Life @CREforLife]

Excited to see Grok 3.

[Elon Musk @elonmusk]

Grok 3 release with live demo on Monday night at 8pm PT.

Smartest AI on Earth.

[StripMallGuy @realEstateTrent]

@investing_law 🎉🎉🎉🎉

[StripMallGuy @realEstateTrent]

I don’t have a scientific number, but I’m guessing over 99% of people that reach out to “pick your brain” don’t actually want advice.

They just want their opinions validated, with no real intention of actually doing anything differently or changing their perspective.

[CRE Life @CREforLife]

I would like to see increased personalized memory and integration with third parties apps/platforms for file storage and recollection. If it could remember that you had your roof replaced in 2020, and you could save the warranty information to a safe file storage platform, or remember your wife’s ring size, or where you put the extra batteries you bought 6 months ago. This would be super practical and with tie users to the platform for life.

[Brian Wesbury @wesbury]

In the past two years:
SP500 +60%
SP500 Earnings +5%
Something has to give.

[CRE Life @CREforLife]

Thoughts??

[Peter St Onge, Ph.D. @profstonge]

How to End the Fed — Step by Step.

And what happens to the economy — and the dollar — when its' gone.

[The Kobeissi Letter @KobeissiLetter]

Investors are pulling money out of China for the first time in 30+ years.

In Q3 2024, investors have withdrawn $8.1 billion from China, according to recent data.

Year-to-date, investors have withdrawn a total of $12.8 billion from China, the most since at least 1998.

This puts China on track to experience its first annual net outflow in foreign direct investments since at least 1990, when the data began.

The Chinese economy is now facing its largest slowdown since the 2008 Financial Crisis.

Stimulus is not helping.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US personal interest payments hit $556 BILLION in September, the second-largest in history.

Since 2022, Americans' interest costs have DOUBLED.

Personal interest as a percentage of disposable personal income is now at 2.5%, near the highest since the 2008 Financial Crisis.

This metric is also materially higher than the 2.0% seen in the 1970s when interest rates were almost twice as much as the current 4.75%-5.00% range.

All while the total household debt sits at a record $17.8 TRILLION.

Consumers are drowning in interest expense.

[CRE Life @CREforLife]

Not a great sign for the already struggling office sector. Will we see a turn around in office in 2025?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The delinquency rate on commercial mortgage-backed securities (CMBS) for offices spiked to 9.4% in October, the highest in 11 years.

The delinquency rate of office CMBS loans has now risen by 5 TIMES over the last 2 years.

Delinquencies are officially rising at a pace only seen after the 2008 Financial Crisis.

This puts the office CMBS delinquency rate on track to surpass an all-time high of 10.3% seen in July 2012.

Meanwhile, the overall US CMBS delinquency rate rose to 6.0%, the most since the 2020 pandemic.

The commercial real estate crisis is real.

[Triple Net Investor @TripleNetInvest]

A new Chick Fil A property just hit the market:

- Asking $8.67 MILLION
- 8,400 SF Building (no drive thru) on 3.2 acres
- 3.75% cap rate
- Current 10Y Treasury Yield: 4.2%

Thoughts?

[CRE Life @CREforLife]

This isn’t a good sign for the economy…

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Boeing, $BA, is cutting 17,000 jobs or 10% of its workforce.

[CRE Life @CREforLife]

What is going on?

[Elon Musk @elonmusk]

SpaceX engineers are trying to deliver Starlink terminals & supplies to devastated areas in North Carolina right now and @FEMA is both failing to help AND won’t let others help. This is unconscionable!!

They just took this video a few hours ago, where you can see the level of devastation: roads, houses, electricity, water supply and ground Internet connections completely destroyed.

@FEMA wouldn’t let them land to deliver critical supplies … my blood is boiling …

[CRE Life @CREforLife]

We have to start making hard the decisions as a country if we want to get back on solid footing.

[Peter St Onge, Ph.D. @profstonge]

Social Security will be out of money in just 9 years.

Why? Because they already spent your Social Security invading countries, bailing out banks, and importing millions of replacement voters.

[CRE Life @CREforLife]

Currency devaluation?? No wonder things are so expensive.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Total money supply in the US, the Euro Area, Japan, and China has reached a new record of a MASSIVE $89.7 trillion.

Global money supply has skyrocketed by $7.3 trillion over the last year.

This marks the largest increase in 3 years and a similar jump to the initial pandemic response seen in the first half of 2020.

In the US alone, the amount of money in circulation has surged $410 billion year-over-year, to $21.2 trillion.

To put this into perspective, at the beginning of 2020 the US money supply was 27% below current levels.

Global money printing is back.

[CRE Life @CREforLife]

Are Americans convinced there is going to be another crash like 2008?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: A record 87% of Americans now believe it is a bad time to buy a home, more than DOUBLE the 2008 peak.

At the peak of the 2008 Financial Crisis, just 40% of Americans said it was a bad time to buy a home, according to Reventure.

In fact, even when mortgage rates hit a whopping 18% in the 1980s, sentiment was not as bad as it is now.

In the 1980s, this metric peaked at 79%, 8 percentage points BELOW current levels.

This is by far the most pessimistic housing market sentiment in history.

How is this a "soft landing?"

[CRE Life @CREforLife]

The older I get the more valuable 3 & 4 become.

[George Stern @georgestern]

Wealth is not just about money.

According to James Clear, there are actually 4 types of wealth:

1) Financial
2) Social
3) Time
4) Physical (health)

Don't let chasing number 1 deprive you of 2, 3, and 4:

[CRE Life @CREforLife]

Interesting breakdown…

[Visual Capitalist @VisualCap]

Visualizing $156 Trillion in U.S. Assets, by Generation 💸

From the archive: https://t.co/cxhTnkmBs8

[CRE Life @CREforLife]

What do you think Warren Buffett is doing?

[The Kobeissi Letter @KobeissiLetter]

Warren Buffett is hoarding more cash:

Last week, Berkshire Hathaway reported that it sold $229 million of Bank of America stock, $BAC, over 3 trading days.

Since mid-July, Buffett’s total sales of $BAC hit $7.2 billion or 174.7 million shares.

As a result, total holdings fell to $33.7 billion or 858 million shares, the lowest level since 2018.

Berkshire Hathaway's cash position surged by $88 billion in Q2 2024, reaching a record $277 billion.

Warren Buffett continues to build his cash position.