No, Small Banks Aren’t Holding the Bag on Half-Empty Towers
Bloomberg News, Aug. 14, 2023–Justin Fox
Contrary to a widespread figure, local and regional lenders don’t hold 70% of US commercial real estate debt. It’s closer to 32%.
https://www.bloomberg.com/opinion/articles/2023-08-14/no-small-banks-aren-t-holding-the-bag-on-half-empty-office-towers?