BlackRock offloading real estate at a loss

Source: https://citizenwatchreport.com/blackrock-offloading-real-estate-at-a-loss/
Published: Jan 11, 2025
Author: Horse
Post Date: 2025-01-11 11:11:24 by Horse
Views: 2831

In a move that signals significant shifts in the real estate landscape, BlackRock, one of the world’s largest asset managers, is reportedly scaling back its real estate investments by selling properties at a loss. This strategic retreat comes amidst whispers of an impending market collapse, with residential prices stagnating and an oversupply of unsold properties accumulating.

The decision by BlackRock to divest from real estate at a loss is not just a business maneuver but a stark indicator of underlying market dynamics. When a firm with such deep pockets and market influence starts cutting losses, it’s a red flag that the real estate sector might be facing more turbulent times ahead than currently perceived.


Poster Comment:

"We never had any illusions as to who we are dealing with. It was clear to us that after the Cold War ended, Washington and its NATO satellites sought total hegemony and wanted to resolve their own development challenges at the expense of others." -- Sergey Lavrov's article for Razvedchik news magazine (24/3/2023)

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#1: Horse    To: All (#0)

Horse posted on 2025-01-11 11:12:05   Reply   Private Reply


#2: Dakmar    To: Horse (#0)

I am half expecting that the State will buy up all of the burned out land in Malibu and PP and use it to construct massive housing complexes for illegal aliens.

Dakmar posted on 2025-01-11 11:51:35   Reply   Private Reply


#3: Horse    To: Dakmar (#2)

The state fire insurance fund is beyond broke. State can't print money. Maybe California can change their name to Israel to get funding.

Horse posted on 2025-01-11 13:22:52   Reply   Private Reply


#4: Dakmar    To: Horse (#3)

I left the first 't' in "the State" lowercase to be purposefully ambiguous. Do you know what California could do? Pull off some sort of bond scheme, like Illinois does.

Dakmar posted on 2025-01-11 14:18:16   Reply   Private Reply


#5: BTP Holdings    To: Dakmar (#2)

I am half expecting that the State will buy up all of the burned out land in Malibu and PP and use it to construct massive housing complexes for illegal aliens.

I already saw a vid where that is being done. Not sure exactly where I saw it, but there are literally hundreds of block houses, all unoccupied and just waiting for people to show up. I wonder where they will get their groceries? ;)

BTP Holdings posted on 2025-01-11 15:07:38   Reply   Private Reply


#6: Dakmar    To: BTP Holdings (#5)

I wonder where they will get their groceries?

CVS. see Kelo v. City of New London

Dakmar posted on 2025-01-11 15:15:46   Reply   Private Reply


#7: ghostrider    To: Horse (#3)

The state fire insurance fund is beyond broke. State can't print money. Maybe California can change their name to Israel to get funding.

Ukrael

ghostrider posted on 2025-01-11 15:59:37   Reply   Private Reply


#8: BTP Holdings    To: Dakmar (#6)

There are not very many CVS pharmacies around. Better off with Walgreens or Wal Mart. ;)

BTP Holdings posted on 2025-01-11 16:00:16   Reply   Private Reply


#9: Dakmar    To: BTP Holdings (#5)

Excusala me Mrs Beaver-Falls Montana, is your welded boat trailer still for sale?

Dakmar posted on 2025-01-11 16:01:03   Reply   Private Reply


#10: Dakmar    To: BTP Holdings (#8)

There are not very many CVS pharmacies around. Better off with Walgreens or Wal Mart. ;)

I forget which chain it was, Kelo was my point, goofball.

Dakmar posted on 2025-01-11 16:03:30   Reply   Private Reply


#11: Dakmar    To: BTP Holdings (#8)

But now that you mention it, CVS does appear to be making a rapid de-escalation from inner city storefronts.

Dakmar posted on 2025-01-11 16:05:38   Reply   Private Reply


#12: BTP Holdings    To: Horse (#1)

Pismo Beach clams are an endangered species. If you happen to be on that beach and spot a clam, dig a small hole in the sand and insert the clam with the hinge side down and cover it up.

I saw a story about this Mom and her little girl who were picking them up. The authorities caught them and there were massive fines involved, ;)

BTP Holdings posted on 2025-01-11 16:06:18   Reply   Private Reply


#13: Dakmar    To: BTP Holdings (#12)

That dirty Ernie....

Dakmar posted on 2025-01-11 16:09:14   Reply   Private Reply


#14: Dakmar    To: BTP Holdings, Esso, Horse (#11)

It's hard to compete with parking lot merchandise.

Dakmar posted on 2025-01-11 16:25:48   Reply   Private Reply


#15: BTP Holdings    To: Dakmar (#13)

Giving coffee to a drunk just makes him a wide awake drunk. ;)

BTP Holdings posted on 2025-01-11 17:38:16   Reply   Private Reply


#16: BTP Holdings    To: Horse (#0)

Sergey made an astute observation. ;)

BTP Holdings posted on 2025-01-11 17:40:38   Reply   Private Reply


#17: Dakmar    To: BTP Holdings (#16)

"We never had any illusions as to who we are dealing with. It was clear to us that after the Cold War ended, Washington and its NATO satellites sought total hegemony and wanted to resolve their own development challenges at the expense of others."

Somehow we, the people, never had a say in these decisions. Oops, bad elites, they promise to do better next time, I saw it on TV!

Dakmar posted on 2025-01-11 18:05:24   Reply   Private Reply


#18: Horse    To: Dakmar (#4)

Bonds need buyers. These recent fires aren't out yet. Zero % chance of rain for So Cal for the next 10 days. All these fires and arsonists will do a lot of damage to the economy. Just wait for to see the state's new bond rating. Bonds put a burden on taxpayers. I think lots of taxpayers will take their insurance payouts and leave. State revenues will go down and state spending will go up. Democrats will raise taxes on rich people.

That at a time when interest rates are spiking upwards making selling those bonds a lot harder for all the states..

Horse posted on 2025-01-11 20:56:51   Reply   Private Reply


#19: Dakmar    To: Horse (#18)

Bonds need buyers.

That's where the unsuspecting public gets raped. See Illinois.

Dakmar posted on 2025-01-11 21:01:47   Reply   Private Reply


#20: AllTheKings'HorsesWontDoIt    To: Dakmar (#2)

I am half expecting that the State will buy up all of the burned out land in Malibu and PP and use it to construct massive housing complexes for illegal aliens.

I had that thought as well.

AllTheKings'HorsesWontDoIt posted on 2025-01-12 11:07:06   Reply   Private Reply


#21: BTP Holdings    To: Dakmar (#19)

That's where the unsuspecting public gets raped. See Illinois.

Many years ago, they tried to get the northwest portion of Cook County to secede and form Lincoln County. But that part of Cook County was so heavily in debt because of Forest Preserve bonds, they could not find the money to buy out the bonds. ;)

BTP Holdings posted on 2025-01-12 11:13:35   Reply   Private Reply


#22: AllTheKings'HorsesWontDoIt    To: Dakmar (#6)

I wonder where they will get their groceries?

CVS. see Kelo v. City of New London

Thanks. I looked it up.

AI Overview

Kelo v. City of New London was a landmark Supreme Court case in 2005 that redefined the meaning of "public use" in the Fifth Amendment's takings clause:

Background

In 2000, New London, Connecticut used eminent domain to seize private property from residents Susette Kelo and Wilhelmina and Charles Dery. The city planned to sell the property to private developers to create jobs and increase tax revenue. Kelo and the other property owners argued that the city violated the Fifth Amendment by not seizing the property for public use.

Supreme Court ruling

The Supreme Court ruled 5-4 in favor of New London, holding that the city's actions qualified as "public use". The majority opinion, written by Justice John Paul Stevens, stated that the city was following an economic development plan that served a public purpose.

Impact

The Kelo decision was controversial and led to a nationwide debate about the limits of eminent domain. Many states passed laws to limit the use of eminent domain for economic development.

====

Kelo v. City of New London | 545 U.S. 469 (2005)

Justia U.S. Supreme Court Cente

Kelo v. New London: Economic benefits are a permissible form of public use that justifies the government in seizing property from private citizens....

supreme.justia.com/cases/federal/us/545/469/

============

"Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law, applied by the central power of wealth, under control of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal men now engaged in forming an imperialism of capital to govern the world. By dividing the people we can get them to expand their energies in fighting over questions of no importance to us except as teachers of the common herd. Thus by discreet action we can secure for ourselves what has been generally planned and successfully accomplished."

((((((The above was printed from the "Banker's Manifest", for the private circulation among leading bankers only, taken from the "Civil Servants' Year Book, "The Organizer" of January, 1934.)))))) The Banker's Manifesto ties in with U.S. Senate Document No. 43, 73rd Congress, 1st Session (1934), to wit:

"The ultimate ownership of all property is in the State; individual so-called "ownership" is only by virtue of Government, i.e., law, amounting to mere "user" and use must be in acceptance with law and subordinate to the necessities of the State."

Remember, it's not a question of "if" the economy will collapse, but "when". And if they can't "steal" your property with the above described scheme, they will take it via sequestration by "conservation easements" and expropriate it to international organizations, corporations and associations at "the extinction of the State" through "concessional" lending. That is what the ESA (Endangered Species Act of 1973), the UNEP (United Nations Environment Programme), UNDP (United Nations Development Programme), and the treaty entitled the "Convention On Biological Diversity" and the benign sounding phrase, "Sustainable Development" are all about...

---memory hole

AllTheKings'HorsesWontDoIt posted on 2025-01-12 11:52:39   Reply   Private Reply


#23: AllTheKings'HorsesWontDoIt    To: Horse (#1)

I DID IT CALIFORNIA

I SAVED THE FISH

"...Remember, it's not a question of "if" the economy will collapse, but "when". And if they can't "steal" your property with the above described scheme, they will take it via sequestration by "conservation easements" and expropriate it to international organizations, corporations and associations at "the extinction of the State" through "concessional" lending. That is what the ESA (Endangered Species Act of 1973), the UNEP (United Nations Environment Programme), UNDP (United Nations Development Programme), and the treaty entitled the "Convention On Biological Diversity" and the benign sounding phrase, "Sustainable Development" are all about... "

freedom4um.com/cgi-bin/re...ArtNum=286849&Disp=22#C22

Final War for Jerusalem

"...2) In the second stage, the growing Noachide movement will seize political power—using only peaceful, lawful means—in the capitals of the Western nations. This, of course, will not take place until the Noachide society has grown to some threshold size. We do not know how large this needs to be nor which nations will join the revolution first, although the United States, as a fairly religious, conservative nation, certainly tops the list of prospects.

Upon seizing the reins of government, the new Noachide leaders will move quickly to implement a full agenda of reform. All economic and technological aid to the Communist Bloc, including the PLO, will be terminated immediately. Full support will be given to Israeli forces to reinvade PLO-controlled areas, with military assistance offered where necessary. Jewish courts (the batei dini of the rabbis) will be granted full legal sovereignty over Jewish citizens within each country, who will no longer be subject to the authority of gentile courts. The pre-existing Noachide judges and courts will replace the existing court system of each country, and the legal code will be drastically rewritten to conform to halacha; in the United States, the emphasis will be on restoring the authority of the Constitution [[[MINUS THE BILL OF RIGHTS]]] and abolishing all unconstitutional government programs and agencies. The national debt will be foreclosed, probably by paying off creditors with government land holdings, thus averting economic disaster. And law and order will be fully restored through the establishment of internal security measures, again in accordance with Torah ..."

noahide.com/finalwar.htm

The Great Taking

You are invited to read or download The Great Taking, a book written about the scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt.

https://thegreattaking.com/read-online-or-download

"you will own nothing and be happy"

AllTheKings'HorsesWontDoIt posted on 2025-01-12 12:07:38   Reply   Private Reply


#24: AllTheKings'HorsesWontDoIt    To: Horse (#0)

They'll take their profits now, and probably just buy it back for pennies when it all collapses.

AllTheKings'HorsesWontDoIt posted on 2025-01-12 12:10:44   Reply   Private Reply


#25: Horse    To: AllTheKings'HorsesWontDoIt (#23)

I wrote about this a couple of decades ago. I called it "That Glorious Day" when everything belongs to Bankers.

I explain inflation to working people as a means of transferring wealth. Before the inflation, you had things. After the inflation, you have nothing.

Horse posted on 2025-01-12 13:53:05   Reply   Private Reply


#26: Dakmar    To: Horse, AllTheKings'HorsesWontDoIt (#25)

This thread has taken so many turns that I feel like I should chime in only on Kelo. That decision was rubbish, you can't tear down my house to build a fucking soda fountain.

Dakmar posted on 2025-01-19 23:15:07   Reply   Private Reply


#27: AllTheKings'HorsesWontDoIt    To: Horse (#1)

"I SAVED THE FISH"

Stateofthenation did an article a few days ago. The fish hasn't been seen in years. It's just another scam.

Jesus: I have come that they may have life and have it more abundantly.

Jesus about god.gov.: The thief cometh not but to steal, and to kill, and to destroy.

AllTheKings'HorsesWontDoIt posted on 2025-01-20 14:02:11   Reply   Private Reply


#28: AllTheKings'HorsesWontDoIt    To: Dakmar (#26)

I agree.

Or at least that's the way it should be.

This country has "gone to Babylon" and its Babylonian commercial law created for slaves (IMO see Micah 4:10, Ezekiel 17:7 for example), for worshiping man and his CONstitution instead of the Lord Jesus Christ who this country was founded on over 400 years ago (1607). You know what they say, you'll be ruled by God or you'll be ruled by tyrants. (see 1 Samuel 8 as well).

I could say more but I've got my computer so full up with all the projects I'm working on, that's all I can say for now, and just had two phone conversations in the time since I responded to Horse. And I missed the inauguration. I was told there were two Bibles held out for Trump to swear his oath on and he didn't use either one. Crazy. Interesting times. I need a new computer to keep up with all the insanity. lol

AllTheKings'HorsesWontDoIt posted on 2025-01-20 15:07:26   Reply   Private Reply