Millions of square feet of North Texas office and industrial buildings could wind up in distress as loans come due over the next two years.
The problem is huge: More than $1 trillion in commercial property loans are set to expire nationwide through the end of 2025.
Facing fears of a recession and the lack of affordable financing, values for many properties are declining and commercial property sales across the country have slowed. In D-FW, first-quarter commercial real estate investments“Investors believe the worst is yet to come,” according to Yardi Systems. “More than half of private equity investors view properties as overvalued and expect value to drop further.
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