New Wave of Commercial Real Estate Crisis Poses Threat to US Regional Banks

A potential crisis in the commercial real estate market is looming, and it could have significant implications for regional banks in the United States. The aftermath of the Covid-19 pandemic has caused a shift in work dynamics, with many professionals now working remotely and a surge in online shopping. As a consequence, commercial spaces, including malls, department stores, and outlets, are experiencing high vacancy rates, and property prices are plummeting.

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