US Banks Facing $1,450,000,000,000 in Commercial Real Estate Exposure As Lenders Prepare to Sell at a Loss: Report

American banks are preparing to sell portions of their commercial real estate debt at a loss, according to a new report. Although most debtors are up to date on payments, banks are looking to clean up their books as Q2 comes to a close, reports the Financial Times. Chad Littell, an analyst at the…#chadlittell #costar #pacwestbancorp #hsbcusa #jeffgreene #twitter #telegram #dailyhodl

Source: Reuters: Health - June 14, 2023 Category: Consumer Health News Source Type: news