Understanding the connection between commercial real estate and urbanization is essential for anyone involved in the property market, as well as for policymakers and urban planners seeking to create sustainable, thriving urban environments.
If everything beyond the value of the property is on the line, to what degree will the asset class be considered more trouble than it’s worth? Lenders are finding that trusting markets and their ability to take back property may no longer be wise.
Distress in commercial real estate could rattle the rest of the nation’s financial system—an alarm quietly sounded by The Federal Reserve. The warning about the sector appears in the minutes from its meeting at the beginning of the month, which were just released. CLICK ON THE HEADLINE FOR MORE