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3min chapter
The Office Real Estate Crunch!
Patrick Boyle On Finance
Introduction
This chapter delves into the increasing mortgage default rates globally and the resulting effects on banks, insurance companies, and pension funds involved in real estate lending. It explores the challenges faced by commercial real estate investors, particularly in the office space sector, amidst post-pandemic shifts in work dynamics and the risks associated with maturing commercial mortgages in a context of higher interest rates.
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