Critical Refinancing Tests Loom

The commercial real estate debt market is entering a pivotal period, where 10-year loans issued in 2016 are facing maturity with valuations well below their original underwriting. More than $100 billion in CMBS loans are set to mature in 2026, with analysts expecting over half to miss their repayment deadlines. The wave of distressed debt…

2025 Top State Business Climate Rankings

Now that the dust has settled on 2025, here are the top 25 states ranked for business climate. A few “surprises” made the list and some perennial front runners dropped a few spots. This is a pretty normal occurrence. 2026 will bring further changes and great opportunities to the corporate world! Happy New Year!

Values Plummet for Distressed Office Properties

Distressed U.S. office properties have lost more than half their value, threatening billions in losses for commercial mortgage investors, according to a CoStar analysis of 270 specially serviced loans in commercial mortgage-backed securities deals that have been reappraised in the past 12 months. The scale of distress, $19.2 billion in troubled debt backed by only…

Office Loan Delinquencies Hit New High

While there has been strong recovery in the office market driven by RTO initiatives, damage has already been done. This issue is greatest/most concentrated in class “B” & “C” office assets where landlords haven’t invested in the assets enough to make them most desirable to prospective tenants. While these assets/owners will suffer during the next…