Distressed Real Estate Debt Could Spark Another Regional Banking Crisis – Commercial Observer
Merely two years ago, over seven weeks during the spring of 2023, the entire financial system nearly came crashing down when the United States experienced the second-, third- and fourth-largest commercial bank failures in its history. Between March 8, 2023, and May 1, 2023, Silicon Valley Bank (SIVBQ) ($209 billion in assets), Signature Bank (SBNY)