The term “2024” refers to a specific year in the Gregorian calendar, which is the internationally accepted civil calendar. It follows the year 2023 and precedes the year 2025. As a year, it is often associated with various events, milestones, and cultural significance, including political elections, sporting events, and other global happenings scheduled during that time. Additionally, it may be used in various contexts, such as in planning, forecasting, or historical reference. In a broader sense, the number can also denote a future point in time for various discussions, analyses, and projections across different fields.
According to recent data from the Mortgage Bankers Association, the value of commercial real estate loans set to mature this year is estimated to be around $929 billion. This figure…