JLL is currently up 9% today
Did I miss the memo on CRE? As we all know, the CRE industry is not doing well and it’s only going to get worse per the data that is out there..
Not just JLL though.
Cushman Wakefield, CBRE group all up 8%.
Meanwhile people are looking into Arbor to file for bankruptcy soon because it’s looking that bad on the CRE front in the majority of MSAs.