Opinion: Why the Commercial Real Estate Crisis May Not be as Bad as You Think

Washington Post, June 29, 2023–Natasha Sarin
Not all commercial real estate is created equal. This is a broad category, and it includes loans on office, apartment, retail and industrial buildings such as warehouses. Indeed, office loans — the ones hardest hit by the remote work revolution — make up just 18 percent of regional banks’ commercial real estate portfolios and just 3 percent of total loans. And vacancies in non-office commercial real estate have fallen, not risen, in recent years.