grdecter on Nostr: Increasing rates puts more pressure on commercial real estate, which is already ...

Increasing rates puts more pressure on commercial real estate, which is already wobbly

Quoting @GRDecter:
Banks are rushing to reduce their exposure to commercial real estate

PacWest sold a $2.6 billion construction loan portfolio at a LOSS

HSBC is looking to sell hundreds of millions in commercial RE loans

Commercial real estate is the next shoe to drop