Refinancing To Be Much Harder For CMBS This Year
Refinancing problems are one of the reasons why delinquencies are expected to hit 4.5% this year.
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Refinancing problems are one of the reasons why delinquencies are expected to hit 4.5% this year.
A host of factors may continue to act as a drag – rather than a boost – to the markets though.
State Rep. Erin Grall said that the insurance industry “fabricated their arguments and data over the past few years to manufacture a crisis and push for various legislative reforms,” according to the Herald.
In other words, near-zero interest rates may be long out of play no matter how you look at current conditions.
It’s going to be tough for apartment operators to maintain occupancies in a slowing economy.
Jeffrey Gundlach, a billionaire bond trader, called the 10-year’s drop below 4% a ‘fire alarm.’
The 2023 annual report said banks hold about half of $6 trillion in commercial real estate loans with signs of stress having emerged.
A combination of CRE refinancing potential and a 2016 change in accounting rules could deeply wound banks during a recession.
As 2024 approaches, the burning question is whether Florida’s commercial real estate landscape will remain resilient.
Welcome to the future. Here’s what industry insiders are thinking might happen this year in key areas.
Broker/President Ronald W. Osborne represents both buyers and sellers of commercial properties of all asset classes and types, focusing primarily on privately owned properties in South Florida, ranging in value from $1 to $10 million.
Sperry – RJ Realty
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