Where Don Peebles sees 'once in a generation' opportunities to buy commercial real estate

Don Peebles, chairman and CEO of Peebles Corporation, joins CNBC's Power Lunch to discuss commercial real estate outlooks, the March jobs report, and more.

[@celticanimism7768]

He is right. An opportunity to buy the top before a major real estate correction comes along only once in a generation.

[@RealGrandFail]

As a billionaire, I agree.

[@theplaintiff5450]

Huh? Valuations on CRE are already down by huge amounts (50/60/70%). The correction on CRE is already here.

[@celticanimism7768]

@@theplaintiff5450 ok

[@nicholasglade4572]

I work in NYC. Good luck in investing in NYC.

[@FinanceUpwithAlfatirCrawford]

Amazing once-in-a-generation video.

[@MichaelLewis-mg4go]

Good business and morality clash.... Its really sad what greed and corruption has done to this world let alone this country

[@eyelovecolorado2195]

Only office and some multi family has adjusted down. Everything else is still very high. Guess how I know?

[@sdhillon901]

Only big offices

[@jimfair3215]

Stop increasing the size of government and many of these problems would not exist.

[@weirdshibainu]

I wonder what he squares investing in CRE in cities that are perceived to be soft on crime and allows unchecked homelessness?

[@mack-uv6gn]

Office real estate is the problem. Stop say commercial real estate, it implies that all commercial properties are suffering.🤦🏻‍♂️