Published on 10 Feb 2024 on Bloomberg via Yahoo Finance
These Six Charts Explain How the CRE Debt Crisis Spread to Banks
(Bloomberg) -- Property mogul Barry Sternlicht last week said there’s $1.2 trillion of real estate losses in offices alone and “nobody knows exactly where it all is.” Investors are growing alarmed that smaller banks might be on the hook for much of the wipeout.
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