Many commercial real estate loans from 2020-2021 face refinancing in 2025-2026, risking a perfect storm in MENA’s economy.
Many commercial real estate (CRE) loans are set to mature in 2025 and 2026, requiring refinancing for loans that were underwritten when interest rates were at historic lows in 2020 and 2021. As interest rates have significantly increased, the current landscape presents a daunting challenge for refinancing. This situation has raised alarms about the preparedness …