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US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences

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Blackstone, Wells Fargo, PGIM, California State Teachers' Retirement System, CalSTRS, Bank of America
Photo by Miquel Parera on Unsplash
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By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders' balance sheets, some senior executives worry. Office valuations, in particular, have been hit by rising interest rates and the shift towards remote working since the Covid-19 pandemic, according to a recent report by […]

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