Regional banks’ exposure to commercial real estate is more substantial than it appears
Over the past decade, banks also increased their exposure to commercial real estate in ways that aren’t usually counted in their tallies.
They lent to financial companies that make loans to some of those same landlords, and they bought bonds backed by the same types of properties.
WSJ 6 September 2023
https://www.wsj.com/real-estate/commercial-real-estate-regional-banks-9f8f591d
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