A Record Year for Adaptive Reuse

More than 20,000 units in older office and other commercial buildings will be converted to apartments this year, reported RentCafe, Santa Barbara, Calif.

Fitch Ratings: Small U.S. Banks Most Exposed to Commercial Real Estate Losses

Fitch Ratings, Chicago, said the U.S. commercial real estate market will likely see deteriorating credit metrics once stimulus measures wind down and forbearance programs expire, with smaller CRE-concentrated banks more susceptible to elevated losses, which are expected to peak below levels seen in the past.