Tom Barrack On The Crisis In The Commercial Real Estate Market
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 6 April 2020
⏱️ 43 minutes
🧾️ Download transcript
Summary
The commercial real estate market has been clobbered in this crisis, as restaurants and stores virtually shut down entirely throughout the month of March. On this week’s Odd Lots episode, we speak to Tom Barrack, the CEO of Colony Capital, on the crisis facing the industry, and what he feels needs to be done further to prevent the industry from going into a tailspin.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day. |
| 0:05.7 | However, we can create spaces where people can freely kick the tires of their preconceived notions. |
| 0:11.2 | I'm Tim O'Brien, and I'm the senior executive editor at |
| 0:13.8 | Bloomberg Opinion. On our platform we ask tough questions and solve complex |
| 0:18.1 | problems with the facts in mind. Because context changes how you see things and |
| 0:22.4 | how you change things. |
| 0:23.6 | Context changes everything. |
| 0:25.6 | Start exploring our opinion coverage and more at Bloomberg.com. |
| 0:28.8 | subscribe. Hello and welcome to another episode of the Odd Lots Podcast. I'm Joe Wiesenthaw. |
| 0:45.0 | I'm Tracy Allaway. |
| 0:47.0 | And I'm Joe Wiesenthal. |
| 0:48.0 | So Joe, I feel like we've hit probably all the major crunch points in the big market sell-off recently except one. |
| 0:59.1 | I'm not convinced entirely that we've hit all of them but I do think we have hit several of the |
| 1:06.6 | major crunch points. Okay the big ones. Okay that's fair the the big one. Okay. |
| 1:13.0 | All right, but there is a pretty big one that is looming |
| 1:17.0 | that we haven't talked about yet, |
| 1:18.8 | and that is what is going on in the mortgage market. |
| 1:22.4 | That's correct. |
| 1:24.0 | We've, you know, it's kind of interesting because, you know, there's a lot of compare and contrast to the 2008- 2009 crisis. |
| 1:32.0 | We know that 2008-2009 crisis more originated within housing and |
| 1:39.3 | mortgages and then spread outward. |
| 1:41.9 | This one was more exogenous. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.