According to real estate consulting firm Colliers, the vacancy rate in U.S. commercial buildings was at 17% as of the fourth quarter of 2023, higher than it was during the financial crash of 2008. Forgiving lenders don’t want to be saddled with foreclosed properties they can’t sell, and so are holding off on court proceedings. Remaining tenants who are current with rents are holding on, allowing buildings to stay afloat—for the time being. Click the ➡️ Link in Bio ⬅️ to read more. #realestate #realestateinvestor #blog