Since last year, experts warned that a wave of commercial real estate loan maturities was likely to create systemic issues among local and regional banks that could lead to a slew of failures.
Except that has yet to happen. After five banks failed in 2023, spurred on by the demise of Silicon Valley Bank in March, there has only been one bank failure thus far in 2024 — Republic Bank.
Read full article: https://www.bisnow.com/national/news/capital-markets/troubled-office-loans-largely-passing-small-and-regional-banks-by-125301
This article was originally published on https://www.bisnow.com. Accessed on Dec 5 , 2024.
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