Commercial real estate update from Costar ...

Some good news that we're seeing out there, per the article ...

+Rising interest rates have so far not created a wave of commercial and multifamily mortgage loan delinquencies, which stayed minimal by historical standards in the third quarter

+ Office use in major U.S. cities saw a significant post-Thanksgiving increase, returning to a peak average of 49% of pre-pandemic attendance for the week that ended Nov. 30

* Still going to see less employees going back to the office FT

#commercialrealestate #returntooffice #twincitiesrealestate #CREInvestment