REIA Sense: November 2024
Extend & Pretend in the commercial world has transitioned to “Pray and Delay.” With over $1 trillion in office commercial property past due on refinancing, the banks and many equity groups have been pushing for rapid reductions in the interest rate. While spreads have shrunk, many commercial properties still face the double whammy of higher vacancy rates […]
REIA Sense: November 2024 Read More »