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21 September 2023 / Report
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Office building loan defaults are on the rise, and the more such loans a bank holds, the higher its risk.
Commercial real estate asset owners and lenders are contending with rising interest rates, declining valuations, and even defaults in an environment where office tenants are seeking smaller, newer, energy-efficient spaces that will attract workers back to the office.
Commercial real estate asset owners and lenders are contending with rising interest rates, declining valuations, and even defaults in an environment where office tenants are seeking smaller, newer, energy-efficient spaces that will attract workers back to the office.
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