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Commercial real estate in trouble again

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CRE had its worst quarter since the GFC. Majority of institutional grade properties were written down. There's never been a time when sector positioning has mattered more. The Office sector remains troubled. CRE faces continued financing difficulties and the prospect of recession looms ahead. The market is not overbuilt but valuations remain high. A period of price adjustment awaits.

Ned Davis Research | Special Report | Mixed

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