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The gap represents almost a quarter of all office debt that originated between 2017 and 2023.
CRE loans extended from 2024 helped push the total due in 2025 to $957 billion.
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If implemented as proposed, the results could cut 2% to 3% from S&P 500 earnings per share.
Washington, D.C., is the most exposed city to government leases with just over $6 billion.
Many on the panel had expected a divided government.
This Congress is more willing to fall in line with his demands.
But the bond market seems standoffish on the Treasury's yield pledge.
Serial correlation in property returns masks risks from private CRE equity.