More than $900 billion in loans backing office buildings, retail centers, hotels, warehouses and more will come due this year — and analysts who track commercial real estate are already worried that this slice of the economy could soon threaten regional banks and municipal finances.
Democracy Dies in Darkness
Last year was bad for commercial real estate. 2024 could be worse.
Four years after the pandemic hit, offices, downtowns and the banking system wait to see how long the consequences will linger
March 30, 2024 at 6:00 a.m. EDT