Commercial Real Estate values have ↓ ~11.3% from peak July 2020 levels, with some sectors ↓ 20%.
Higher interest rates are threatening borrowers and choking off transaction volume.
Analysts say current valuations rely on a thin data set and that negative news could be painting too grim of a picture of the CRE market.
Analysts forecast that office property prices will ↓ 30% in this cycle, multifamily to ↓ 20%, and for retail properties to ↓ 10%.
Analysts also say the recent rapid increase in the 10-yr Treasury yield could lead to further price deterioration across CRE properties.
Check out my listing Address: 1713 SW 11th Ct
Turnkey income property alert! This duplex, nestled between the highly desirable Riverside Park and Shady Banks neighborhoods, features two beautifully maintained 2-bedroom, 1-bathroom units with