[Alberta's Child]

Renting it isn’t the problem. As one commercial realtor told a client of mine years ago: “You’re listing this space for $20 per square foot and you’re getting no takers. If you listed it for $2 per square foot you’d have prospective tenants lining up at your door.”

For commercial property that has a mortgage on it, the real question is: Can the landlord charge enough rent to cover the mortgage payments?

[cgbg]

What is already happening is some REITS are refusing to let their investors withdraw all or part of their money.

That is a waving red flag to any future investors.

[monkeyshine]

That is a key question. If you have to refinance the debt on a CRE property now at 7% when you were paying ~3% before... trouble. Especially if over-leveraged. If it is owner-user it should be easier to refinance it assuming the business can show that it has the cash flow to pay the loan.