In 2006 Harper deregulated banks by allowing $0 down on mortgages. Damage control in 2008. Private credit lenders “shadow banks” gained a foothold and blew up under Trudeau & Carney.
Thank greedy Harper and Trudeau for cashing in on real estate instead of building the housing needed. Blame them for the tent cities in our streets. They allowed for friends, private equity, shadow banks etc to create bidding wars in our provinces driving up home prices, filling their pockets until market couldn’t take anymore increases. Then they became landlords using AI to scheme and fix rental rates.
Epstein’s offerings of high risk, high return with secondary market offering through his shadow banks (attached).
Ie) EFTA01429535 offerings with high risk, high return, high fees and lack of liquidity. Glendower Access Secondary Opportunities IV (U.S.), L.P. he lays out each country’s acceptance of his funds. In China a person has to get permission from PRC. In Canada see (attached)
Now we sit on a private credit lender AI/Tech and commercial real estate bubble. We saw the first crack with Blue Owl Capital (Trump invested), it gated its ROI, then Blackrock, etc.
Thanks, Leyla. In office especially one has to be aware of asset quality. The market has strongly bifurcated, with Class A and premier properties strongly outperforming the lower classes.
Would like to know where FT got the Cliffwater figures from. No company filings disclosed on SEC that I can see
Can you expand on what “financial engineering” is referring to in this quote?
“71% of GPs now rank operational improvements as their top value creation lever, ahead of financial engineering.”
Are there ever valid financial engineering strategies?
In 2006 Harper deregulated banks by allowing $0 down on mortgages. Damage control in 2008. Private credit lenders “shadow banks” gained a foothold and blew up under Trudeau & Carney.
Thank greedy Harper and Trudeau for cashing in on real estate instead of building the housing needed. Blame them for the tent cities in our streets. They allowed for friends, private equity, shadow banks etc to create bidding wars in our provinces driving up home prices, filling their pockets until market couldn’t take anymore increases. Then they became landlords using AI to scheme and fix rental rates.
Epstein’s offerings of high risk, high return with secondary market offering through his shadow banks (attached).
Ie) EFTA01429535 offerings with high risk, high return, high fees and lack of liquidity. Glendower Access Secondary Opportunities IV (U.S.), L.P. he lays out each country’s acceptance of his funds. In China a person has to get permission from PRC. In Canada see (attached)
Now we sit on a private credit lender AI/Tech and commercial real estate bubble. We saw the first crack with Blue Owl Capital (Trump invested), it gated its ROI, then Blackrock, etc.
Blue Owl came to Canada in 2021: https://ir.blueowl.com/Investors/news/news-details/2022/Blue-Owl-Capital-Announces-Launch-of-U.S.-Direct-Lending-Capabilities-to-Canadian-Investors/default.aspx
Epstein class plan is to dump their bubble losses on our pensions, Insurance companies, etc.
Thanks, Leyla. In office especially one has to be aware of asset quality. The market has strongly bifurcated, with Class A and premier properties strongly outperforming the lower classes.