Evelyn Jozsa

Jun 28, 2024 | scotsmanguide.com | Evelyn Jozsa

Office landlords are facing plenty of problems these days, thanks to high interest rates, reduced demand and depreciating asset values. Now, they can add one more headache to the list: the volume of maturing commercial real estate loans continues to put pressure on property owners and brokers as lenders and investors seek to minimize their exposure to the office sector.

Jun 24, 2024 | rejournals.com | Evelyn Jozsa

After years of turbulence, the future of the office sector is now clearer than it has been for some time. Investors who once adopted a wait-and-see approach are gradually coming to terms with the new realities of valuations and office utilization, according to the June U.S. office market report from CommercialEdge. Most metrics that track office utilization have plateaued in the last year.

Jun 6, 2024 | themortgagepoint.com | Eric C. Peck |Evelyn Jozsa

According to the Mortgage Bankers Association’s (MBA) Q1 Commercial Delinquency Report, commercial mortgage delinquencies increased in the first quarter of the year, strained by mortgage rates in the 7% range, and a tightening of credit standards. “Commercial mortgage delinquency rates continued to increase during the first three months of 2024,” said Jamie Woodwell, MBA’s Head of Commercial Real Estate Research.

Mar 14, 2024 | news.theregistryps.com | Evelyn Jozsa

REPUBLISHED WITH EXCLUSIVE PERMISSION FROM COMMERCIAL EDGE. THE ORIGINAL STORY CAN BE FOUND HERE.

Dec 4, 2023 | propertyshark.com | Evelyn Jozsa

Manhattan leads the nation’s top markets with $56.7 billion in office loans due by the end of 2026 More than $46.9 billion of Manhattan Class A office loans are due by the end of 2026 Manhattan also has the largest volume of maturing debt on Class B/C offices across the U.S., with $9.72 billion in loans due over the next three years Nationwide, office debt totaled $920 billion across the U.S. in October 2023 Across the U.S., 32.7% of office loans are set to mature by the end of 2026 The...