Banks Aren’t the Only Ones that Hold Risky Commercial Real Estate Debt. Pension Funds are About to Feel the Pain, Too.

Business Insider, Apr. 24, 2023–Al Yoon
Investor angst over risky commercial real estate has exploded in recent weeks with expectations that banks that hold billions of dollars in the debt are too weak to absorb any losses.
https://www.businessinsider.com/pension-funds-feeling-pain-commercial-real-estate-woes-2023-4