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Due Diligence Commercial Leasing Best Practices In New Jersey

By Zachary Rosenberg
May 01, 2024

New Jersey, like the rest of the country, has seen a significant slowdown in commercial real estate (CRE) lending over the last two years, in large part due to rising interest rates. However, with over $2 trillion in commercial mortgage loans slated to mature between 2024 and 2027 and recent indications from the Federal Reserve that rate cuts are forthcoming, there could be an unprecedented number of refinances and sales of real estate assets on the horizon.

While the precise timing of the anticipated deal resurgence is anyone's guess, the eventual influx of new CRE loans will lead to a substantial amount of due diligence on both new and existing real estate collateral.

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