The Commercial-Property Market Is Coming Back to Life
Falling borrowing costs are enticing potential buyers back. Lenders are seeing more interest in deals to offload old debt.
Signs abound that there will soon be an answer. With prices down 19% from a peak in 2022, the commercial-property market is starting to come to life. In part, that’s because lenders and owners want to cut their losses and make new investments now that the Federal Reserve’s first rate cut in four years is bringing some clarity on where valuations stand.
Read more on Bloomberg.
