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Commercial real estate is facing increasing distress with office buildings selling at lower prices, leading to expectations of more pain in the sector. Investors, lawyers, and bankers anticipate further challenges ahead, as the number of distressed office buildings rises sharply.
"Office Building Losses Start to Pile Up, and More Pain Is Expected: The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago." https://t.co/imPwlGwOY3 https://t.co/O9VWRbkiiC
6% is going to feel like the new 4% by year end.. just watch. Lots of folks waiting to pounce in real estate.. higher floor https://t.co/jfNdBXGA7m
While the number of office buildings reaching critical stages of distress remains small, the figure has increased sharply this year. And investors, lawyers and bankers expect the pain to grow in the coming months. https://t.co/ruFrQSl57K