Loan Workouts Are Surging This Year

Even as the countdown to the Federal Reserve announcing the size of the first interest rate cut continues into the early afternoon, there’s a second one. Longer and in the world of commercial real estate, with greater immediate impact — and that is, what is happening with troubled loan workout strategies.

Longer because this will continue for some time. Greater impact because the results might help decide which properties — which companies and investors — might have a chance of financial survival for enough time to eventually take advantage of whatever lower interest rates will be available for refinancing.