2024-01-30 21:25:00 ET
Summary
- After a turbulent and unexpected 2023, there is widespread concern that commercial real estate (CRE) will face an additional challenge in 2024.
- While the ability to service existing debt maturities appears challenging and is a potential source of weaker pricing trends in 2024, this vulnerability is primarily focused on the office sector.
- Of the $4.4 trillion outstanding CRE debt, roughly $1.2 trillion is scheduled to mature by 2025.
By Seema Shah, Chief Global Strategist and Arthur Jones, Senior Director, Global Research ...
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Commercial Real Estate In 2024