Hundreds of US office building mortgages are due to be repaid or refinanced in 2024. Many owners of these mortgages will have huge difficulties in meeting obligations. The resulting implosion from this bad debt can have widespread repercussions for banks.
Hundreds of US office building mortgages are due to be repaid or refinanced in 2024. Many owners of these mortgages will have huge difficulties in meeting obligations. The resulting implosion from this bad debt can have widespread repercussions for banks.
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