Total cumulative U.S. commercial property distress has risen to $94.2 billion in the second quarter of 2024, up $2.0 billion from the previous quarter, data provider MSCI said in its quarterly Capital Trends US Distress Tracker.
While the period saw $10.6 billion of new distress, $8.6 billion was resolved.
In the same period a year ago, net additions were higher, at $10 billion, MSCI noted.
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