Thursday, November 12, 2020

Mounting commercial real estate losses threaten banks, recovery - The Washington Post

...If U.S. banks absorb big losses on their $2 trillion in commercial real estate loans, the entire economy will suffer. Just the fear of looming bankruptcies and defaults has prompted banks in recent months to restrict new lending, at a time when the virus-ravaged economy needs all the help it can get...
https://www.washingtonpost.com/business/2020/11/11/commercial-real-estate-economy/

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