Stay updated with breaking news from Newmark Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Defaults on properties such as offices and apartment buildings may increase as property values fall and costs rise for landlords who need to refinance at higher interest rates.
About $1.2 trillion of debt on U.S. commercial real estate is “potentially troubled” because it’s highly leveraged and property values are falling, according to Newmark Group Inc.
Offices are the biggest problem, accounting for more than half of the $626 billion of at-risk debt that matures by 2025's end.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ...