Local Government Software Resource Center

Local Government Software Guides, Case Studies & Insights

Why planners could soon face a tidal wave of rezoning requests

The commercial real estate world just hit a remarkable milestone and it is one that planners should have on their radar.
According to data from Trepp, the office Commercial Mortgage Backed Securities delinquency rate has climbed to about 11.7 percent which is the highest level ever recorded for the office sector. During the Great Recession this rate never reached the current level.