That's not to say predictions of a commercial real estate rebound are a sure bet.
Here are four signs that support Gray's prediction that the commercial real estate market may be bottoming.
(New York Community Bank had previously purchased $2.7 billion in Signature's loans and deposits, but not the real estate loans.)
According to David Seifert, partner at private equity real estate firm Velocis, there are some sweet deals to be had in secondary sales of private-equity funds tied to real estate.
The road aheadWhere Gray sees signs of bottoming, others think commercial real estate has much further to fall.
Persons:
Warren Buffett, Buffett, Paul Getty, Getty, Steve Mnuchin —, Blackstone, Mnuchin, Donald Trump's, George Soros, John Paulson, It's, Jonathan Gray, Jim Garman, That's, Barry Sternlicht, Gray, Tracy Chen, Chen, BGO, secondaries There's, Ares, Brian King, King, David Seifert, Seifert, Velocis, Goldman Sachs, Dan McNamara, McNamara, Scott Rechler, wallop, Janet Yellen, Rechler, there's
Organizations:
Business, Goldman, Reuters, Starwood, Brandywine Global, Federal Reserve, . Bank, New York Community Bank, FDIC, Signature Bank, Community Bank, Fund Management, Community Preservation, New, Commercial Observer, Blackstone, Homes, Digital Realty, Polpo, RXR
Locations:
Blackstone, , New York, New York, BREIT, Real, Velocis