Sources
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The US office market continues to face significant challenges, with falling borrowing costs failing to alleviate the ongoing downturn. The pain in the US office loan sector is expected to intensify, according to recent reports. In Miami-Dade County, the cost of office space has reached a record high, prompting the county to raise up to $265 million to finance an office purchase. The commercial mortgage-backed securities (#CMBS) market is also experiencing increased stress.
