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ZION - Commercial Real Estate Loans Have Only Begun To Put Pressure On Major Banks
Zions Bancorporation N.A.
2024-04-05 08:00:00 ET
Summary
We have outlined the issues regarding commercial real estate loans in the past.
It seems that this issue is beginning to get bigger.
You have to engage in due diligence regarding the banks that house your hard-earned money to make sure you are not caught during a banking crisis.
A couple of weeks ago, there was another very concerning story about the U.S. CRE lending market. Aareal Bank, a German banking group, reported that 25% of its U.S. office loans had defaulted in the last quarter of 2023....