But potential distress is far worse — as much as $234.6 billion.

Even so, things aren't as bleak as the change from 2022 might suggest.

But you should have the basics in place before getting fancy.

Investments after a crisis tend to perform well and 2024 may fall in that category.

That's at least with loans when someone can tell from the outside. The number are likely larger.

Although vendors claim they're improving it, the bug is still widespread.

Excess inventory, maturing loans, tight spreads, and a lack of 1031 buyers put the pressure on.

Armada Hoffler may be one of the few exceptions.