Banking crisis- this sounds bad for banks5 Oct 2023 15:33
"A particular point of concern for banks in the current financial landscape is their commercial real estate portfolios. Many banks have excessive exposure to commercial real estate in relation to their deposits and capital reserves, which raises questions about whether this could create systemic risk. In light of higher interest rates and the extensive number of loans due, this question has become even more pressing.
According to Trepp, approximately $270 billion worth of bank loans are set to mature in 2023, with a substantial portion linked to office buildings"