
Finance•
US Banks Report 66% Jump in Modified CRE Loans
U.S. banks reported a 66% increase in the value of modified commercial real estate loans over the past year, signaling rising financial stress for property owners.
Daniel Clarke is a senior economic analyst for Crezzio, specializing in U.S. monetary policy, financial markets, and macroeconomic trends. He has over 15 years of experience covering the Federal Reserve and its impact on the global economy.
U.S. banks reported a 66% increase in the value of modified commercial real estate loans over the past year, signaling rising financial stress for property owners.
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