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Commercial Real Estate Mortgages Nearly Double Delinquency Rate in a Single Year as Vacancies Climb - The Florida Capital Star

Summary
by Will Kessler   The commercial real estate sector is facing the possibility of a substantial number of bankruptcies that could ultimately hamper economic recovery and threaten the wounded banking industry, according to experts who spoke to the Daily Caller News Foundation. Overall 30 day+ delinquencies on commercial mortgage-backed securities (CMBS), meaning the number of borrowers for commercial properties that failed to make a required payme…

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The Michigan StarThe Michigan Star
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Commercial Real Estate Mortgages Nearly Double Delinquency Rate in a Single Year as Vacancies Climb - The Michigan Star

The commercial real estate sector is facing the possibility of a substantial number of bankruptcies that could ultimately hamper economic recovery and threaten the wounded banking industry, according to experts who spoke to the Daily Caller News Foundation.

·Lansing, United States
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The Michigan Star broke the news in Lansing, United States on Tuesday, November 21, 2023.
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