There are signs of stabilization in the commercial real estate lending market, according to CBRE.

It reported that at the end of 2023, borrowing costs appeared to have peaked, even as transaction activity remains subdued.

The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the US, increased by 1% from Q3 2023—marking the first quarterly increase since Q1 2022.

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