#realestate #mortgage #loanofficer #buyincalifornia | Rent Surge Forecast: Commercial Real Estate Worries
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Multifamily rents in South California to rise, impacting commercial Real Estate financing.
Concerns arise over maturing commercial Real Estate debt, hindering refinancing at higher rates.
Delayed financing:
-Lowers new supply
-Hikes vacancies
-Drives up rents
-Prompting resident exodus