From The '90s to Now: Making Sense of CRE's Downturn
Deconstruct
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The Decline of the Office Sector
There have been some cases where prominent participants in the market have given assets back to their lenders before they go through the more painful process of a default and foreclosure. But we are very early in this cycle. Those delinquency rates are still low. And what that signals to us is that we're still fairly early in the process of having to manage real distress in the office sector.
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