Factbox: U.S. Banks Increase Reserves for Commercial Real Estate Exposure

Reuters, July 21, 2023-Matt Tracy
The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rates. That stress has caused banks and other lenders to tighten their standards for new loans and scrutinize existing ones.
https://www.reuters.com/business/finance/us-banks-increase-reserves-commercial-real-estate-exposure-2023-07-21/