Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?
PYMNTS
NOVEMBER 12, 2020
Adding to the problem, the Post reported, is the fact that the looming threat of bankruptcies and defaults has already caused banks to tighten lending. FDIC) currently considers 356 banks to be “concentrated” in commercial real estate based on the ratio of CRE loans they hold. No Quick Fix.
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