The Office Market’s Budding Recovery Is Leaving Most Cities Behind
“Only 5% to 7% of bank-held office loans are now classified as delinquent, nonaccrual or modified, according to Atrium Data.”
“Only 5% to 7% of bank-held office loans are now classified as delinquent, nonaccrual or modified, according to Atrium Data. Banks think the current cycle ‘will mirror past cycles where eventually the market will come back, so just give it time,’ said Ryan Alfred, Atrium’s chief executive. ‘But the argument could be: it might not come back.’”