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1233 - $2 Trillion in Commercial Debt is Coming Due—What Does That Mean for the Industry? By Moriah Costa

1233 - $2 Trillion in Commercial Debt is Coming Due—What Does That Mean for the Industry? By Moriah Costa

FromBiggerPockets Daily


1233 - $2 Trillion in Commercial Debt is Coming Due—What Does That Mean for the Industry? By Moriah Costa

FromBiggerPockets Daily

ratings:
Length:
10 minutes
Released:
Feb 29, 2024
Format:
Podcast episode

Description

Commercial real estate has had a few rough years, and it seems like things won’t be getting better anytime soon. The sector is set for a potential rise in defaults, as higher interest rates have increased the costs of refinancing. 
And with $2.8 trillion due between now and 2028, more landlords could be feeling the crunch. According to data firm Trepp, commercial debt maturities are expected to balloon in the next few years. While many loans were extended or refinanced, the clock is slowly ticking for the CRE sector as those extensions are coming due. 
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Released:
Feb 29, 2024
Format:
Podcast episode

Titles in the series (100)

BiggerPockets Daily takes the real estate investing wisdom contained in tens of thousands of BiggerPockets Blog articles and converts it into a convenient daily audio experience... because you can't have your face in a screen while you're out there living your busy life. Rental properties, house flipping, wholesaling... it's all here. And unlike other daily podcasts, the information is timeless – so you can learn on your timeline. Skip episodes, take a break, then binge and catch up. Or just make us a part of your daily routine!