The near-term outlook for commercial real estate (CRE) has become increasingly complicated due to rising interest rates along with lingering fears of a recession. Banks today are facing a greater pressure on CRE Asset valuations (on their Balance Sheet) as higher interest rates have resulted in tighter credit standards with regulators more closely monitoring the quality of CRE loans. A tighter lending market, along with declines in real estate investment trust (REIT) stocks, have negatively affected yield expectations on CRE and price declines / distress in certain asset classes are underway. Due to decreasing asset values, some properties coming