The Mid-Year 2024: Office Sector on the Brink: Navigating the Pain of an Uncertain Future

Commercial Real Estate Direct, June 10, 2024–Orest Mandzy
The commercial real estate market continues to grapple with persistent risk and distress, with the office sector bearing the brunt of the impact. As the markets are feeling the full effect of the interest rates that are much higher than they had been as recently as two years ago, many properties securing maturing loans aren’t performing to the levels that had been expected.
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