Peachtree's Greg Friedman: Office real estate distress
Peachtree Group CEO Greg Friedman discusses whether there is an imminent commercial real estate disaster on 'The Claman Countdown.'
Reuters- Data centers are just 1% of the U.S. commercial real estate market, but they are attracting much more than 1% of funding as investors seek exposure to the AI boom.
Greg Friedman of Peachtree Group told Reuters power and water needs, local opposition and the changing needs of the tech industry could all mean a lot of data center projects attracting money now might not ever get off the ground, meaning possible losses for investors.