According to MSCI Real Assets, more than $94 billion of U.S. commercial real estate is currently distressed, with an additional $201 billion at risk of becoming distressed. This situation is largely due to the ongoing challenges in the office sector, including high vacancy rates and difficulties in refinancing debt.
More than $94 billion of U.S. Commercial Real Estate is currently distressed with another $201 billion on the verge of falling into that category as well pic.twitter.com/CaH0Ed9sKh
— Win Smart, CFA (@WinfieldSmart) July 29, 2024
Sources:
finance.yahoo.com/news/us-office-loan-pain-only-190000014.html
theassetobserver.com/business/commercial-real-estate-crash-lower-rates-wont-save-offices/
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