03/02/2024
🏢 US commercial real estate 2024: navigating through challenges 📉
🔻 Price Drop Alert: An 11% fall in property prices post-Fed rate hikes wipes out the last two years’ gains.
🔻 Economic Shifts: Higher borrowing costs are altering investment strategies, decelerating the market.
🔻 Pandemic Impact: The move towards remote work and online shopping cuts demand for office and retail spaces.
🔻 Refinancing Hurdle: The looming $1.2 trillion debt maturity poses a major challenge for office and retail sectors.
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