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Nw Iowa | Read again the other day in Wall Street journal that a very large percentage of commercial buildings are funded on short term loans. I am doing this from memory but I think it said 50% of commercial real estate loans will be due in next 24 months. More than normal because as renters started to dry from Covid up they took short term financing as rates were cheaper. Anybody else hearing this? Some huge loans coming due at a time when vacancies are way up. | |
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