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Banks with Commercial Real Estate Lending Portfolios Feel the Pinch

Tuesday, September 24, 2024
Banks with Commercial Real Estate Lending Portfolios Feel the Pinch

Banks with Commercial Real Estate Lending Portfolios Feel the Pinch

Banks that loaned money for commercial real estate ventures
may be feeling the pinch, as many offices and business spaces continue
to sit vacant in the wake of COVID-19. A period of rising interest rates
has added to these concerns. We talk to GAO's Mike Clements about trends
in commercial real estate lending.