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Debt Originations May Have Bottomed
CRE debt organization has continued to slow but has reached a virtually flat position, according to Newmark's 1Q24 State of the U.S. Capital Markets.
Origination volumes were down only 2% year over year in the first quarter of 2024 — still a drop but a significant improvement over recent patterns. Compared to the 2017-to-2019 period, it's off by 20%.
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