A tough refinancing market and an uncertain future are challenging owners and lenders.
Remote work has outlived the social distancing, mask mandates and travel restrictions that the pandemic incited, and for many employers, getting employees back in the office has been an uphill climb. Vacant offices are inducing marked stress in the office lending environment, as landlords face maturing loans and few options to stave off delinquency.
RSK: Most lenders do not want office buildings back, so start talking to them now about your situation if you need to refinance in today`s market conditions. Don`t blind side them.
Share this article on you social outlets
Our Sponsors
- - Volume: 11 - WEEK: 21 Date: 5/24/2023 2:01:27 AM -