A significant portion of office building loans are set to mature in the next year, and with substantially higher interest rates, ownership costs will increase, potentially leading to a commercial real estate crisis.
"CPC reports that 25 percent of all office building loans are coming due in the next year and with rates now five times higher than they were a year ago ownership costs are going to be going up substantially and if you thought that was the end of it it's really just the very beginning"