CRE Values to Drop as Banks Dump Failed Assets: Report

With interest rates still rising, prices retreating, and credit evaporating—and a stressed-out banking system moving to shore up balance sheets—expect more fire sales of older CMBS loans and acceleration of plunging CRE values in markets across the US.

Last month, a fire sale of CMBS loans was lit as $72B in assets from the failed Silicon Valley Bank (SVB) were sold.

Read More