AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Fed's Warning on Commercial Real Estate Debt
Commercial property loans make up more than 20% of the assets of small banks. So it is significant if that default rate picks up on what is quite a sizable chunk of their balance sheet. There's around one and a half trillion dollars of commercial real estate debt that matures in the next three years. Is it going to be affordable? And just the market as a whole, particularly offices,. In terms of offices, the vacant office space in the US is the highest it's ever been.