2024-04-26 08:00:00 ET
Summary
- We continue to see more troubling news about commercial real estate loans.
- We have been warning about this ticking time bomb on bank balance sheets for two years now.
- 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.
It seems that more companies are getting more honest about what's happening with U.S. CRE lending. A couple of weeks ago, we published an article on Aareal Bank, a German banking group, which reported that 25% of its U.S. office loans had defaulted in the last quarter of 2023. Needless to say, it’s rare to see a 25% NPL ratio even in a crisis environment....
Read the full article on Seeking Alpha
For further details see:
Commercial Real Estate Loan Risk Getting Worse By The Day