ABA - American Bankers Association
10/10/2024 | News release | Distributed by Public on 10/10/2024 06:46
Commercial real estate maturity wall $950B in 2024, peaks in 2027
Rate hikes by the Federal Reserve and changes in post-pandemic behavior have put pressure on commercial real estate (CRE) borrowers needing to refinance loans coming due. The tally is nothing to sneeze at, with approximately $950 billion in CRE mortgages set to mature in 2024, according to S&P Global Market Intelligence's analysis of nationwide property records.