Updated over 15 years ago on . Most recent reply
Commercial Real Estate Market: Next Shoe to Drop?
Does anyone agree with experts are saying that the commercial real market is the next shoe to drop in the economy? Reports indicate about 1.4 trillion dollars worth of commercial mortgage notes with balloons are due to reset within the next 1-3 years. 40% of all commercial properties are underwater. A good number of borrowers won't be able to refinance. Any thoughts?