Real estate investor Tom Barrack: Commercial mortgages could be on brink of collapse

Lawmakers are working to reach an agreement on a massive stimulus package to combat the economic impact of coronavirus. Real estate investor Tom Barrack, Colony Capital chairman and CEO, is warning commercial mortgages are on the brink of collapse and that we are seeing the beginning of “a second crisis that will occur in the financial markets” if immediate action is not taken by Congress. He joins “Squawk Box” to discuss.


Real Estate 2020: What buyers want

The real estate scene in Connecticut has changed. Disruption from millennials paired with a slow-to-recover Connecticut economy and naturally changing tastes and styles has led the housing market in general to trend toward condos or homes with smaller, more manageable properties. Buyers are also increasingly looking for proximity to town centers and avoiding fixer-uppers. Here’s a look at what people from various generations are generally looking for in their homes these days, according to real estate pros.

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