Commercial real estate borrowers enjoyed low interest rate for over a decade. However, the party at the low interest rate buffet trough eventually ends in tears.
, data shows that for banks that are $100 billion dollars or less in assets, commercial real estate loans are a much bigger percentage of total capital than they are for banks over $100 billion in assets. Johannes Moller, Director at Fitch Ratings explains that “U.S.
Banks are the largest lender in loans to the office market. According to Fitch Ratings data, banks hold about $720 billion in office loans outstanding. Offices have been adversely affected by Covid-19. Office occupancy rates are far from being at 100% due to a good number of professionals being able to work remotely at least part of the time if not the whole week.
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