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Updated over 1 year ago,
Andrew SyriosPoster
Pro Member
- Residential Real Estate Investor
- Kansas City, MO
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Commercial Defaults Up, Particularly Office
Residential real estate is doing pretty well despite the high rates, but commercial is getting hit pretty hard (the topic of my most recent article btw: https://www.biggerpockets.com/...). Office in particular is being hammered with 69% of defaults being in office:
With work from home and deteriorating downtowns (not to mention high interest rates), I don't see this trend changing any time soon.