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Commercial Real Estate Market Faces 'Reckoning' Amid Financial Market Tremors
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Commercial real estate market faces a 'reckoning' as financial market tremors in early 2024 raise concerns about the impact of higher interest rates on borrowers and the looming maturity wall for commercial mortgages. Starwood Capital Group's CEO warns of an existential crisis in the office market.
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How might the impact of higher interest rates on borrowers affect the commercial real estate market?
What are the potential long-term consequences of the existential crisis in the office market?
What measures can be taken to address the looming maturity wall for commercial mortgages?
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