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Originally published on May 11, 2023, by Erik Sherman for Globest.com.
Distressed CRE loans continue to rise, according to CRE data, analytics, and valuation firm CRED iQ, which reports that most of the top metropolitan statistical areas saw significant jumps of up to 2.5%.
“There were 42 markets with increases in CRE distress, equal to 84% of the 50 largest MSAs,” wrote the firm. “The average increase in distress was approximately 80 basis points.
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