welcome
Benzinga

Benzinga

Business

Business & Economics

'The problem is so big, it can drag down 300 banks,' says real estate investor Grant Cardone

Benzinga
Summary
Nutrition label

61% Informative

Grant Cardone says $2.7 trillion in commercial debt is maturing in the next 30 months .

Commercial real estate isn't doing as well because people got comfortable with remote work during the pandemic.

Cardone mentioned that some commercial real estate properties are selling for 10 cents on the dollar.

Long-term headwinds can make it worse.

It Can Drag Down 300 Banks' originally appeared on Benzinga.com 2025 Benzinga.com . Benzinga does not provide investment advice. All rights reserved..