Workplace property woes may very well be tip of iceberg if credit score freezes up - Stock Region News

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Tuesday, March 28, 2023

Workplace property woes may very well be tip of iceberg if credit score freezes up


Collectors wanting to keep away from steep losses on half-empty workplace buildings within the wake of the pandemic have been sending chills by means of the remainder of the roughly $5.5 trillion business real-estate debt market.

A yr in the past, property costs on this roughly $3.2 trillion slice of the U.S. business property market have been climbing, at the same time as executives struggled to coax extra employees again to places of work.

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