Ratings Downgrades Loom For U.S. Regional And Smaller Banks Exposed To Commercial Real Estate Loans
May 24, 2023 at 21:02 PM EDT
Commercial real estate loans outstanding have grown slightly over 100% in a decade. CRE borrowers took advantage of the incredibly low interest rates, an economy recovering from the Global Financial Crisis, and banks that in too many cases were less than diligent in underwriting loans. Presently, … Source