Attention Economy


Tuesday, October 31, 2023

State of CRE Market

The Money Has Stopped Flowing in Commercial Real Estate
https://www.wsj.com/real-estate/commercial/the-money-has-stopped-flowing-in-commercial-real-estate-43c003d3
The decline in construction loans has been particularly severe as lenders continue to cut back. 

Related:
A rising wave of property defaults threatens hundreds of US banks
https://www.telegraph.co.uk/business/2023/10/27/rising-wave-property-defaults-threatens-us-banks/
Vulnerable lenders are being squeezed on all sides as a debt-laden real estate sector succumbs to hybrid working