A loan on an office property coming up to maturity isn’t the same as having a mobster walking into your business, asking about payment, and remarking how it would be terribly if something bad happened to the place.

But the feeling of many investors, owners, and developers in the office space may feel eerily similar. Given the state of current interest rates and terms, many CRE loans that are coming to maturity are facing an uncomfortable squeeze.

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Erik Sherman

GlobeSt

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