U.S. office loan delinquencies jump in September, Manhattan default a key factor
NegativeFinancial Markets

In September, the U.S. saw a significant rise in office loan delinquencies, with Manhattan's defaults playing a crucial role in this trend. This increase raises concerns about the stability of the commercial real estate market, especially as more businesses adapt to hybrid work models. The implications of these defaults could affect lenders and investors alike, signaling potential challenges ahead for the economy.
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