CMF Quote of the Week: July 6, 2023

“Commercial real estate is a vast and varied market – with buildings, and loans, spread across property types, markets, classes, vintages and much, much more. While changes in interest rates, uncertainty about property values and questions about some property fundamentals have led to significant slowdowns in sales and mortgage origination activity in recent quarters, it’s important to remember that not all properties will be affected in the same ways.”
–From MBA’s Chart of the Week, Office Property Sales Volumes and Values