from Nick Huber | by Nick Huber

A lot of stuff gets really messed up when borrowing rates go from 3% to 7% in 12 months. Banks have problems. Real estate has problems. Companies have problems. We’re gonna see a lot of stuff like this and it’ll be a rough few years ahead.

25%+ of commercial real estate loans will mature in the next 24 months. Most loans with local banks are on 3-5 year terms. So every year a huge chunk need to be recycled! Not good for commercial real estate.