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Commercial Real Estate Market expected to drag and dry up in 2028
Commercial real estate is a professional market where lenders can extend terms, sometimes requiring borrowers to put in cash. The Covid pandemic has led many organizations to downsize office space to cut costs. This shift in behavior has impacted the market dynamics. While some assets face foreclosure due to borrower actions, new developments are emerging in regions like Florida and Texas. The commercial real estate market is expected to experience gradual defaults and losses over time, with a projected major reset in 2028 according to industry expert Stan Middleman.