
Don’t Look Back: What’s Ahead for the Commercial Real Estate Industry
The Weekly Take from CBRE
DebtDefaults in Commercial Real Estate
Debt defaults in commercial real estate is under a lot of scrutiny. US banks could see up to $60 billion in losses over the next several years with office accounting for roughly $26 billion of that. In the context of total banking assets, losses are within a few tenths of a percentage of the total. But there's no doubt that we're going to see a significant amount of distress during coming quarters.
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