Transcribed
Goldman Sachs Likes the Real Estate Debt Others Fear
Sep 12, 2024 ·
49m 51s
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Goldman Sachs Likes the Real Estate Debt Others Fear
Description
As commercial real estate continues to menace banks and investors, Goldman Sachs Asset Management is leaning into the debt. “What we’ve been able to do is find a lot of...
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As commercial real estate continues to menace banks and investors, Goldman Sachs Asset Management is leaning into the debt. “What we’ve been able to do is find a lot of opportunities in commercial mortgage-backed securities,” Lindsay Rosner, head of multi-sector investing at the company, told Bloomberg News’ James Crombie and Bloomberg Intelligence credit analyst Jody Lurie in the latest Credit Edge podcast. “It’s a good portion of our portfolio, and we think it generates a decent amount of carry.” In this episode, Rosner and Lurie also debate the outlook for retail and leisure sector companies as lower-income US consumers come under pressure.See omnystudio.com/listener for privacy information.
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Author | Bloomberg |
Organization | iHeart Podcasts |
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