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Stock impact report

Fears of Ravaged Commercial Real Estate Market Have Eased, DoubleLine Says [Yahoo! Finance]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Yahoo! Finance
(Bloomberg) -- Recovering risk appetite and tightening spreads in the commercial real estate market mean active managers have to work a little harder, according to DoubleLine Capital LP. Most Read from Bloomberg Biden's Gains Against Trump Vanish on Deep Economic Pessimism, Poll Shows Taylor Swift Is Proof That How We Critique Music Is Broken Biden's New Chopper Is Demoted After Scorching White House Lawn Tesla Soars as Musk's Cheaper EVs Calm Fears Over Strategy The most “draconian” scenarios have been priced out of commercial mortgage-backed securities following the sudden unraveling of Silicon Valley Bank last March, according to DoubleLine portfolio manager Morris Chen. Just over a year later, capital markets are open and even borrowers in still-unpopular industries — such as the office space — have access to credit. That's a dramatically rosier picture than the backdrop a year ago, when the DoubleLine Commercial Real Estate ETF (ticker DCRE) launched into the eye o Show less Read more
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