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Digital security offers real potential problems for CRE.
The percentage of modified CRE loans have more than doubled.
Fed officials talk about how interest rates might be higher in long term.
Many building were never designed to withstand these changing conditions,
CoreLogic says it's 'slow and steady' with detached stronger than attached.
Meanwhile, older dependable items like cigarettes and maps lose favor.
There are ramifications for CMBS bond investors too.
If this is indeed a trend, this could be enormous good news for CRE.
New York City alone accounted for more than $7.6 billion.
The FTC said three breaches occurred between 2014 and 2018.