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Dan McNamara & Michael Gayed: Unveiling the Future of Retail & Commercial Real Estate

Lead-Lag Live

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The Decline of Commercial Real Estate

The delinquency rate in CMF right now is still below 4%, which is really nothing. Between now and the end of 2025, you've got about 1.4 trillion of CRE debt that needs to be refied. The banks don't want to realize losses if they can kick the can and extend and pretend. And CMBS bondholders will do the same thing.

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