Writing · Leasing & Conversion

2023-12-20
‘’It’s no secret that the US commercial real estate industry is suffering. And its downturn could lead to bankruptcy for up to 385 American banks, most of them smaller, regional ones, according to a new reportby the National Bureau of Economic Research (NBER). That’s because more investors are expected to default on their commercial real estate loans, thanks to continued high interest rates and declining property values. Those defaults could trigger uninsured depositors to run on the banks—like they did with Silicon Valley Bank in March.’’ https://lnkd.in/emsszwTb
Leasing & ConversionReal Estate (general)

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