Andy
@awmark.bsky.social
Rockfordian / dad / was an army guy during OIF & OEF / work in credit now / aTm ain’t never been elite, you guys
📍ORD
📍ORD
banks/credit unions are ~60-65% (estimates vary) of CRE loan origination in the US
November 24, 2025 at 7:52 PM
banks/credit unions are ~60-65% (estimates vary) of CRE loan origination in the US
can’t be bothered to get out of bed unless spreads have a 6 handle
November 21, 2025 at 12:44 AM
can’t be bothered to get out of bed unless spreads have a 6 handle
I’m certain CPPIB (Antares) is perfectly content with this outcome, but common equity is not a great asset for a BDC (traded or non-traded) that is trying to generate high distribution yield for shareholders
November 20, 2025 at 8:23 PM
I’m certain CPPIB (Antares) is perfectly content with this outcome, but common equity is not a great asset for a BDC (traded or non-traded) that is trying to generate high distribution yield for shareholders
switching over to Illinois/Bama and watching them each shoot 45% from 3 is a real palate cleanser after watching MU look so putrid
November 20, 2025 at 3:09 AM
switching over to Illinois/Bama and watching them each shoot 45% from 3 is a real palate cleanser after watching MU look so putrid
‘Battle Cry of Freedom’
November 19, 2025 at 11:52 PM
‘Battle Cry of Freedom’
if you bought in 2018 and refi’d down to 2 3/8 mortgage with 60% equity in an SEC grad metro and don’t wanna HELOC your backyard reno next summer, it’s because you’re worried about your job going away and also carrying a balance on your credit card that should get paid down with that HELOC instead
November 19, 2025 at 4:45 AM
if you bought in 2018 and refi’d down to 2 3/8 mortgage with 60% equity in an SEC grad metro and don’t wanna HELOC your backyard reno next summer, it’s because you’re worried about your job going away and also carrying a balance on your credit card that should get paid down with that HELOC instead
presumably they are baking on more domestic“offshoring” of BAML and WFC jobs? I dunno
November 18, 2025 at 9:34 PM
presumably they are baking on more domestic“offshoring” of BAML and WFC jobs? I dunno
Sunbelt office developers
November 18, 2025 at 2:57 PM
Sunbelt office developers
what is your base case for home price declines nationally? Stock of mortgage debt outstanding is, what, $13-14T vs. housing stock of $40T. Even a 25% decline would imply aggregate LTV of 45%
November 18, 2025 at 1:42 PM
what is your base case for home price declines nationally? Stock of mortgage debt outstanding is, what, $13-14T vs. housing stock of $40T. Even a 25% decline would imply aggregate LTV of 45%
Avenue Restaurant in Regina is really great for a nicer lunch or dinner.
Don’t miss Remai Modern if you’re in Sask. Food scene is pretty unremarkable, sadly
Don’t miss Remai Modern if you’re in Sask. Food scene is pretty unremarkable, sadly
November 17, 2025 at 4:02 AM
Avenue Restaurant in Regina is really great for a nicer lunch or dinner.
Don’t miss Remai Modern if you’re in Sask. Food scene is pretty unremarkable, sadly
Don’t miss Remai Modern if you’re in Sask. Food scene is pretty unremarkable, sadly
the capital and current account must…balance
November 14, 2025 at 2:05 PM
the capital and current account must…balance
my god, it’s thirteen years old?
November 14, 2025 at 12:29 AM
my god, it’s thirteen years old?