Batten Down the Hatches: The 2026 Debt Wave Is Coming

Batten Down the Hatches: The 2026 Debt Wave Is Coming

I came across a piece by Jarred Schenke at Bisnow the other day, and it spelled out what a lot of us have been seeing: a massive wave of commercial real estate debt—loans made when interest rates were almost free—coming due in 2026. And it’s going to test a lot of...