Past due multifamily loans have risen 81.3% year over year. Banks are starting to feel the effects of distress in the multifamily sector with the volume of multifamily loans that were at least 30 day...
Commercial property prices declined last year by 5.3%, according to the Trepp Property Price Index, while the rate of properties selling at a loss increased. Prices dropped by 0.82% from the...
The sector’s 80 bps increase was higher than any other commercial real estate segment. BriefMultifamily distress outpaced all other commercial real estate sectors in February, jumping 80 basis ...
It may be that things will be good for a time, but possibly not for that long. The office market is leaving many CRE professionals, economists, policymakers, and others scratching their heads. Refin...
Imagine being in so much credit card debt that the finance charges alone are the third-largest item in your monthly budget. That’s precisely where the federal government is today becau...
Apartment vacancies in Orange County rose 10 basis points toward the end of the fourth quarter of 2023, Northmarq reported. Currently they’re sitting around 3.6%, and 2023 marked the first annua...
Office is in particularly bad shape as some value losses exceed half and lenders lack the reserves to absorb losses. During the global financial crisis, with a “severe lack of liquidity” ...
If the economy behaves ‘broadly as expected,’ lowering rates this year ‘will likely be appropriate,’ but uncertainty is still key. It’s good news, with a touch of uncert...
After decades of growth bolstered by low interest rates and easy credit, commercial real estate has hit a wall. Office and retail property valuations have been falling since the pandemic changed wher...
During the pandemic recovery, inflation reached the highest rates in 40 years, largely driven by the Federal Reserve’s excessive monetary policy. The Fed got “behind the curve”...
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