Rabil Warns of `Quite Grotesque' Possibility as CRE Weighs on Banks

Al Rabil, CEO of Kayne Anderson Capital Advisors, warns that “issues can fetch elegant monstrous” with $2 trillion of staunch property debt coming due in two years and weighing on monetary institution steadiness sheets. But for traders with “dry powder,” there are huge procuring alternatives, he tells Sonali Basak on “Bloomberg Markets.”
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