A significant amount of commercial real estate debt (hundreds of billions to trillions of dollars) is set to readjust with higher interest rates in the coming years, which will severely impact landlords of vacant office properties.
"hundreds of billions if not a trillion dollars worth of debt that is going to be readjusting with the higher interest rates which means that these commercial landlords who own these office properties that are sitting vacant are going to get a huge wakeup call"
