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Credit Cycles and Alternative Capital: A Developer’s Guide
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Credit Cycles and Alternative Capital: A Developer’s Guide
In his annual letter to shareholders last week, Goldman Sachs CEO David Solomon offered a pointed reminder to investors who had grown comfortable in the extended low-rate era: the credit cycle, he wrote, “has not been repealed.” His words landed against a backdrop that many developers already know firsthand. Despite some easing at the top […]
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