Jan 25, 2023 08:00 AM
Conditions are not ideal for the distressed commercial real estate debt market to take off this year, dashing the hopes of investors who want to cash in, according to an analyst with RSM US, GlobeSt.com reported Jan. 13. Federal Reserve data showed that defaults on CRE loans stayed below 1% through Q3 2022, and that reaching the 9% default rate seen during the Global Financial Crisis is unlikely.