There’s a reason distressed commercial real estate opportunities are suddenly dominating investor conversations. Between 2025 and 2026, nearly $950 billion in commercial real estate debt is set to mature — much of it originated during the ultra-low-rate era. Today’s higher interest rates, tighter credit conditions, and declining valuations have created a perfect storm. For property owners, this moment is brutal. For prepared investors, it may be one of the largest forced-opp