Commercial real estate borrowers enjoyed low interest rate for over a decade. However, the party at the low interest rate buffet trough eventually ends in tears.
, data shows that for banks that are $100 billion dollars or less in assets, commercial real estate loans are a much bigger percentage of total capital than they are for banks over $100 billion in assets. Johannes Moller, Director at Fitch Ratings explains that “U.S.
Banks are the largest lender in loans to the office market. According to Fitch Ratings data, banks hold about $720 billion in office loans outstanding. Offices have been adversely affected by Covid-19. Office occupancy rates are far from being at 100% due to a good number of professionals being able to work remotely at least part of the time if not the whole week.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Dow futures dip after Fitch puts U.S. credit ratings on 'ratings watch negative' as debt-ceiling deadline nearsDow futures edge lower on Wednesday evening after Fitch Ratings placed the U.S. Triple-A credit ratings on 'ratings watch negative' due to brinkmanship in...
Baca lebih lajut »
Fitch puts US rating on negative watch as debt deadline looms By Reuters⚠️BREAKING: *UNITED STATES 'AAA' RATING MAY BE CUT BY FITCH *FITCH PLACES UNITED STATES' 'AAA' ON RATING WATCH NEGATIVE 🇺🇸🇺🇸
Baca lebih lajut »
Fitch warns of possible credit downgrade with debt limit deadlockTreasury Secretary Janet Yellen on Wednesday warned that the U.S. was “almost certain” to reach the X-date in early June.
Baca lebih lajut »
South Korea launches first commercial-grade satellite, as North Korea plans first spy satelliteSouth Korea has launched a commercial-grade satellite for the first time as part of its growing space development program, as rival North Korea is pushing to place its first military spy satellite into orbit.
Baca lebih lajut »
Virgin Galactic aces final test spaceflight, eyes start of commercial service in JuneToday's mission was Virgin Galactic's first trip to space in nearly two years.
Baca lebih lajut »
South Korea launches first commercial-grade satellite, as North Korea plans first spy satelliteSouth Korea has launched a commercial-grade satellite for the first time as part of its growing space development program, as rival North Korea is pushing to place its first military spy satellite into orbit
Baca lebih lajut »