By Summer Gell | Published in GlobeSt.com on March 04, 2024
At MBA’s recent CREF conference, the prevalent outlook seemed to be optimism tempered with uncertainty. Many in the commercial real estate lending space believe that things will improve over 2024 to varying degrees depending on the market and sector. The anticipation of future rate reductions and increased transaction volume is somewhat tempered by concern about risks that are still very present in the market, including distressed assets, insurance rates, and construction challenges. Below is a recap of the discussions around these risks along with mitigation strategies for lenders.
Read more to learn about Multifamily Lender concerns around property risks.