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re: A debt 'time bomb' looms for New Orleans' downtown office market

Posted on 3/21/24 at 8:20 am to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74435 posts
Posted on 3/21/24 at 8:20 am to
quote:

Why didn't they lock in a 30 year mortgage back when rates where low?


Because they dont have those terms for commercial for a majority of lenders
They are usually 5yrs

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