CoinsValue.net logo CoinsValue.net logo
The Daily Hodl 2023-06-14 00:05:29

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 commercial The post US Banks Facing $1,450,000,000,000 in Commercial Real Estate Exposure As Lenders Prepare to Sell at a Loss: Report appeared first on The Daily Hodl .

Read the Disclaimer : Coinsvalue.net