Commercial real estate is in trouble.
— Genevieve Roch-Decter, CFA (@GRDecter) April 29, 2023
According to Morgan Stanley HALF of the $2.9 trillion in commercial mortgages will need to be renegotiated in the next 24 months when new lending rates are going to be up by 350 to 450 basis points.
AND vacancies are about to hit 20%. pic.twitter.com/rNJezuaTPC
Showing posts with label CFA (@GRDecter) April 29. Show all posts
Showing posts with label CFA (@GRDecter) April 29. Show all posts
Tuesday, May 2, 2023
According to Morgan Stanley HALF of the $2.9 trillion in commercial mortgages will need to be renegotiated in the next 24 months when new lending rates are going to be up by 350 to 450 basis points.
Subscribe to:
Posts (Atom)