The Tell: Be cautious of floating-rate commercial real estate debt, says Barclays

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Cheap floating-rate debt available in 2021 isn’t so any more.

That’s why investors should be cautious of floating-rate commercial real-estate loans packaged into bond deals, according to credit researcher Lea Overby and her team at Barclays.

As an example, Overby on Thursday highlighted a report that Houston-based Nitya Capital has been looking…

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