The Debt Crisis Looming in Commercial Real Estate

The video discusses the impact of higher interest rates on commercial real estate, highlighting the challenges in refinancing $1.4 trillion of debt due in the next two years. It explores the transactional stalemate between buyers and sellers, with institutions like Blackstone and PIMCO considering defaults. The video also examines San Francisco's office market, affected by remote work and high vacancy rates.

What strategies might institutional investors consider in response to the current market conditions?

What factors are contributing to the high vacancy rates in San Francisco's office market?