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Commercial Real Estate Crash: “Extend and Pretend” Is Over

EPISODE · Feb 18, 2026 · 5 MIN

Commercial Real Estate Crash: “Extend and Pretend” Is Over

from Watchdog on Wall Street with Chris Markowski · host Finance, Investing, & Markets

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Lenders are finally calling in billions in troubled commercial real estate loans — and the era of “extend and pretend” is ending. Citing new reporting from The Wall Street Journal, Chris explains surging defaults, collapsing office demand, and why hybrid work may have permanently changed the market.What happens next? Foreclosures, falling property values, and the rise of “zombie” office buildings — with major consequences for banks, cities, and the economy.

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Commercial Real Estate Crash: “Extend and Pretend” Is Over

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