'A crisis is about to happen': $929 billion in commercial real estate debt is about to come due - Upgoat

'A crisis is about to happen': $929 billion in commercial real estate debt is about to come due
submitted by Scyber to EconomicCollapse 1 weekMay 9, 2024 15:02:32 ago (+14/-0) (www.msn.com)
https://www.msn.com/en-us/money/realestate/a-crisis-is-about-to-happen-929-billion-in-commercial-real-estate-debt-is-about-to-come-due-will-america-s-regional-banks-survive-the-storm/ar-BB1m5EyB?ocid=msedgntp&pc=U531&cvid=3d4b1257be7c4b48a1224ab4e5cc703b&ei=12

One-fifth, or $929 billion, of the $4.7 trillion of outstanding commercial mortgages held by U.S. lenders and investors will come due in 2024, according to the Mortgage Bankers Association (MBA)’s 2023 Commercial Real Estate (CRE) Survey of Loan Maturity Volumes.

18 comments block

iSnark 3 points 1 week ago

And in other news, the war on remote work will significantly intensify as company executives mandate that their employees report back to the office daily as new (((studies))) show that employee productivity for remote workers is declining!

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