2024-02-09 22:15:00 ET
Summary
- After a turbulent and unexpected 2023, there is widespread concern that commercial real estate will face additional challenges in 2024.
- While the office sector may remain vulnerable, other sectors remain well-funded and will be supported by a constructive economic backdrop, setting the stage for a transformative year in commercial real estate.
- The CRE market now faces heightened refinancing risks, with $1.2 trillion of debt maturing by 2025 amidst tough lending conditions and higher interest rates.
By Seema Shah, Chief Global Strategist
After a turbulent and unexpected 2023, there is widespread concern that commercial real estate will face additional challenges in 2024. While the office sector may remain vulnerable, other sectors remain well-funded and will be supported by a constructive economic backdrop, setting the stage for a transformative year in commercial real estate. ...
Read the full article on Seeking Alpha
For further details see:
Commercial Real Estate In 2024: A Transition Point