The Wall Street Journal reported Friday that government pensions that invest in commercial real estate are being hit hard by the ongoing crisis in the sector, which is threatening average Americans’ retirement plans. Large U.S. public pensions lost 6% in the last 12 months on real estate investments, the largest loss since the COVID-19 pandemic, according to data from Wilshire Trust Universe Comparison Service acquired by the WSJ. The losses are part of a broader crisis hitting commercial real estate due to a lack of demand and prohibitively high interest rates brought on by measures used to c…