21
Nov
Diana Olick outlines some of the issues that are causing jitters in the commercial real estate world.
“As the market is now deteriorating, as vacancy rates are rising and as asking rents are moderating and in some places declining, gaps in cash flows, how much money is the property producing versus what the debt service payments are, that gap is widening in many cases and it’s making it really challenging to meet the debt service coverage payments.”
Fear Gripping Commercial Real Estate—But Question Is Why?.
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