MBA’s Broeksmit: Media Coverage of CRE and Financial Stress Doesn’t Capture “the Complete Picture”
ConnectCRE, Mar. 28, 2023–Paul Bubny
Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, said recent media coverage of uncertainty in commercial real estate markets hasn’t always provided an accurate picture. Reports in the Wall Street Journal, CNBC and CNN, among other outlets, have come with pretty dire headlines that don’t match up with CRE fundamentals.