Commercial real estate industry: Current conditions and A&A risks

The commercial real estate (CRE) industry, which comprises office buildings, retail spaces, warehousing, and industrial properties, is facing mounting economic and business headwinds. Pressures have been building since the pandemic, particularly in the office segment and secondarily in retail. Employees working remotely across the country is a significant and apparently permanent shift that has left office spaces vacant. In the retail segment, brick-and-mortar stores see fewer customers, as shopping habits have shifted online. That comes on top of the closure