Commercial Real Estate House of Cards Collapsing? Billionaire Tom Barrack’s Colony Capital Defaults

Sharing is Caring!

Over a month ago in March, billionaire real estate investor and good friend of President Trump, Tom Barrack was warning about wide scale defaults in commercial real estate. Many people thought that Tom Barrack’s firm would be one of the first, if not the first Real Estate Investment Trusts (REITs) to get a bailout.

 

157 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.