Here's The Atlantic...
Here's the New York Post...
And here's Yahoo! Finance.
This is the problem in a nutshell...
- Millions of office buildings across America remain half-empty after the pandemic crushed businesses
- Interest rates have surged
- All the while, there's $1.5 TRILLION in commercial real estate loans coming due within the next 24 months.
In other words, commercial real estate landlords are trapped under a mountain of debt.
It’s "A category 5 hurricane," according to billionaire real estate investor Barry Sternlicht.
BE PREPARED!
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