NYPPEX: Could Historically High Office Vacancies Cause
Real Estate Fund Losses Ahead ?
April 12, 2021
- In the JP Morgan 2020 annual report, loan loss reserves increased approximately 210% to $17.4 billion from $5.5 billion in 2019.
- On April 9, 2021, a NY Times article discussed how the shrinking need for office space could crush landlords. Jamie Dimon is quoted saying JP Morgan may only need office space for 60 employees for every 100 employees going forward given the remote work trend.
- We believe this may be a good time for investors to evaluate allocations to real estate funds.
- To arrange a confidential call with one of our secondary advisors, please contact Kelly Londono at firstname.lastname@example.org or +1 (914) 305-2825.
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