US Commercial Real Estate
The US commercial real estate sector is under considerable strtess. Will it become the next subprime?
-
Despite every effort, downtown businesses have not been able to get all their workers back because they liked foregoing the long commute.
-
Commercial real estate valuations are falling and properties are difficult to sell.
-
The number of properties with negative equity is increasing.
-
Commercial real estate delinquency rates have already jumped to 6 1/2 percent—up 30 percent in a matter of months. Rates of distress in office loans just hit 11 percent.
-
$929 billion of commercial real estate debt is coming due before the end of the year. That’s up 28 percent from the previous year.
-
National Bureau of Economic Research has estimated that up to 385 American banks could fail over commercial real estate loans alone.
-
The FDIC is essentially guaranteeing more than $20 trillion in deposits with just more than $100 billion in reserves.
Source: http://getrad2.blogspot.com/2024/04/us-commercial-real-estate.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).