Asymco on Nostr: In the US, some 300 banks are at risk of failure due to the commercial real estate ...
In the US, some 300 banks are at risk of failure due to the commercial real estate problem. $2.7 trillion of bank assets in the aggregate. About 14% of all loans and 44% of office loans appear to be in a “negative equity”. Around one-third of all loans and the majority of office loans may encounter substantial cash flow problems and refinancing challenges.
https://www.nber.org/papers/w31970Published at
2024-03-10 12:36:32Event JSON
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"content": "In the US, some 300 banks are at risk of failure due to the commercial real estate problem. $2.7 trillion of bank assets in the aggregate. About 14% of all loans and 44% of office loans appear to be in a “negative equity”. Around one-third of all loans and the majority of office loans may encounter substantial cash flow problems and refinancing challenges. https://www.nber.org/papers/w31970",
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