Monday, June 26, 2023

CRE: Distressed ]Under-Valued] Commercial Real Estate Assets Across US Reach $64B in Q1’23

 

Report: Troubled Commercial Real Estate Assets Across US Reach $64B in Q1’23

Wave Of Distressed CRE Loans Reaches $64B, With Retail, Office Hardest Hit

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The long-anticipated wave of distressed CRE assets is closer to realization, with total distressed assets coming in at $64B during Q1 2023, Bloomberg reports, citing a new report by MSCI Real Assets.

The first-quarter total represents a 10% rise from the previous quarter. Moreover, nearly $155B in CRE assets are now at risk of distress, according to the report. 

CNBC: Carlyle’s David Rubenstein Sees Discounted Real Estate Debt ‘Biggest Opportunity Over the Next 2 or 3 Years’

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