Paul Fiorilla
Paul Fiorilla has more than 25 years of experience as a researcher and writer in the commercial real estate markets. He previously served as a vice president of research at Prudential Real Estate Investors in Madison, N.J., where he oversaw publishing of outlooks and thought leadership research. Before that, he covered real estate capital markets and CMBS at Commercial Mortgage Alert.
Office Mortgage Maturities Signal Coming Distress
The volume of loan maturities is concerning as weaker demand, rising costs and lower property values squeeze office owners while banks and investors reduce exposure to offices.
With Distress on the Rise, How Worried Should We Be?
Rising interest rates have pushed loan coupons higher, lenders are cutting back to varying degrees and property fundamentals are weakening.
