US commercial real estate prices are enduring one of many sharpest drop-offs within the last half-century, easily topping losses seen in previous rate-hike cycles, the International Monetary Fund mentioned. Higher rates of interest and tighter financial situations have discouraged lenders from financing risky industrial real estate loans, or have made lenders solely prepared to do so at greater borrowing costs. The research firm pointed to pessimism that has clouded the commercial real estate sector for the past 12 months. Commentators have been warning of a crash, because of tightening credit conditions as a wave of debt from property homeowners comes…
