In March of 2023, following the collapses of Silicon Valley Bank and Signature Bank, all eyes are on that segment of the economy alone while another potential problem is brewing. That problem is the upcoming maturities due in 2023, 2024 and beyond while interest rates remain high. This could pose a challenge to the entire commercial real estate industry in regards to sourcing capital.
Tauro’s Closer, Juan Ramirez commented on how we got to this point in the commercial real estate market sharing the long-term impact COVID-19 has had/is still having. Regardless, there is a way through these tough times. Take a look, and if you have questions, reach out to Tauro to see how we can help you navigate.