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Month: June 2023

Why is the $20 Trillion Commercial Real Estate Market Melting Down?

June 12, 2023 by Peak Foreclosure

The commercial real estate market has gotten a lot of press lately and for all the wrong reasons. Brookfield, one of the world’s largest public real estate companies, announced earlier this year that it would default on over $161 million worth of office building mortgages. Pacific Investment Co. subsequently announced that it would default on … Read more

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