Notably, commercial real estate delinquency rates have been on the rise, with a large contributor being office real estate. The RTO company mandates have not brought occupancy levels back to where they were previously: https://t.co/afY0mHeh88
— Reef Insights (@ReefInsights) March 19, 2024
Rising delinquency rates in commercial real estate present a growing concern for both borrowers and lending institutions. With declining property values and increased interest rates, borrowers face challenges in refinancing and may opt for defaulting on loans. The trend underscores potential economic repercussions, impacting various stakeholders within the real estate sector.
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