News Commercial real estate is headed for a crisis worse than 2008, Morgan Stanley analysts say April 7, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Commercial real estate is headed for a crisis worse than 2008, Morgan Stanley analysts say More than half of the $2.9 trillion in commercial mortgages will be up for refinancing in the next couple of years, according to Morgan Stanley.