There was a surprisingly sharp increase in the amount of outstanding commercial real estate (CRE) debt held by commercial banks in January, which rose by $10.7bn, the largest monthly increase since last February. But with other sources still pointing to tough market conditions, we continue to expect a weak environment for new lending, as well as difficulties for some investors seeking refinancing.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.