Real estate investor Tom Barrack: Commercial mortgages could be on brink of collapse

Real Estate

Lawmakers are working to reach an agreement on a massive stimulus package to combat the economic impact of coronavirus. Real estate investor Tom Barrack, Colony Capital chairman and CEO, is warning commercial mortgages are on the brink of collapse and that we are seeing the beginning of “a second crisis that will occur in the financial markets” if immediate action is not taken by Congress. He joins “Squawk Box” to discuss.

07:38

33 minutes ago

Products You May Like

Articles You May Like

Active Stock Trading Time Zones & Hours
How Real Money Trading Helps You Gain Valuable Experience
Stocks to Buy on Lumber Crash
Stock Trading Mistake: When You Are Right, But Still Lose

Leave a Reply

Your email address will not be published.