2min chapter

Let's Appreciate cover image

The Impending Commercial Real Estate Crash

Let's Appreciate

CHAPTER

The Cost of Refinancing Commercial Real Estate

There's $1.4 trillion of commercial real estate loans coming due in 2023 and 2024. A lot of the firms are just choosing to piece out. They're choosing the path of least resistance because it's non-recourse debt. The MCI World Real Estate Index is down 28% since the start of 2022.

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