US commercial real estate prices are enduring one of many sharpest drop-offs in the last half-century, simply topping losses seen in earlier rate-hike cycles, the International Monetary Fund mentioned. Higher rates of interest and tighter monetary circumstances have discouraged lenders from financing dangerous industrial real estate loans, or have made lenders only Real Estate News willing to take action at greater borrowing prices. The analysis firm pointed to pessimism that has clouded the commercial real estate sector for the previous year. Commentators have been warning of a crash, due to tightening credit score conditions as a wave of debt from property owners comes due.
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