Troubled commercial real estate loans outstrip reserves at top US banks
www.businessinsider.com
The volume of delinquent commercial mortgages held by US banks soared to $24.3 billion last year, up from $11.2 billion in 2022.
  • @roscoe@lemmy.dbzer0.com
    1•1 year ago

    Convert them to condos, like they did with all the warehouses when supply chains transitioned to just-in-time. Two birds, one stone.