The worst commercial real estate busts have tended to follow a ramping-up in lending activity, driven by the availability of debt rising and its cost falling. However, regularly updated Fed lending data suggest that there is no real evidence of this happening, particularly following the increase in the cost of debt after the Fed’s interest rate hikes last year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
