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re: Developing commercial properties
Posted on 4/28/24 at 8:26 am to Mariner
Posted on 4/28/24 at 8:26 am to Mariner
Be careful with commercial real estate. Class A properties tend to be resilient in the current market but a lot commercial space is in a world of hurt as occupancy is not where it needs to be and many buildings are going to have to refinance into higher interest rates.
Lower occupancy plus higher interest rates is not a good place to be.
Lower occupancy plus higher interest rates is not a good place to be.
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