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World News@lemmy.ml · 9 months ago

Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

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Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

naturalgasbad to

World News@lemmy.ml · 9 months ago

Troubled commercial real estate loans outstrip reserves at top US banks

www.businessinsider.com

The volume of delinquent commercial mortgages held by US banks soared to $24.3 billion last year, up from $11.2 billion in 2022.

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9 months ago
“Only seen in the worst collapses of the last 3 decades” is an interesting phrase to unpack.

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