Downtown commercial real estate problems could be worse in 2024 – The Washington Post
More than $900 billion in loans backing office buildings, retail centers, hotels, warehouses and more will come due this year — and analysts who track commercial real estate are already worried that this slice of the economy could soon threaten regional banks and municipal finances. That hefty amount — roughly 20 percent of all commercial real estate loans on the books nationwide — faces deadlines for repayment this year. But coming on the heels of a dismal 2023, when hundreds of billions of loans coming due got short-term extensions, experts…
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