CRE contagion risk simmers at smaller US banksBy Blake Evans-Pritchard
February 8, 2024
The alarm bells are well and truly sounding in the US commercial real estate sector — and the fallout may soon be felt globally.
While larger banks hold a bigger material proportion of CRE loans in the US, the danger of CRE contagion currently lies with ...
Cracks in the $20tn commercial real estate market are piling pressure on exposed lenders, just as regulators urgently steer troubled banks to avert a full-blown banking crisis. Current and former...Read more