Commercial Real Estate Mortgages Nearly Double Delinquency Rate in a Single Year as Vacancies Climb
The commercial real estate sector is facing the possibility of a substantial number of
bankruptcies that could ultimately hamper economic recovery and threaten the wounded banking industry, according to experts who spoke to the Daily Caller News Foundation. Vacancy rates for offices have continued to trend up since the COVID-19 pandemic. “I think that the commercial real estate sector is a major risk to the economic recovery and that the Fed and the markets do not seem to be paying sufficient attention to this matter."
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