Investors are concerned about US regional banks' exposure to commercial real estate, with New York Community Bancorp facing scrutiny. Nearly $929 billion of commercial and multifamily real estate debt in the US will mature this year, posing refinancing challenges. Some banks, including about two dozen in late 2023, are accumulating commercial real estate loans that regulators are closely monitoring, signaling potential pressure to increase reserves.
'About two dozen banks in the US had portfolios of commercial real estate loans in late 2023 that federal regulators indicated would merit greater scrutiny, a sign more lenders may face pressure from authorities to bolster reserves.' https://t.co/Uw1QV8H0tz https://t.co/2oZNCeEbX4
Dozens of Banks Rapidly Piled Up Commercial Property Loans @business #CMBS About two dozen banks in the US had portfolios of commercial real estate loans in late 2023 that federal regulators indicated would merit greater scrutiny
Banks are most exposed to risks of maturing commercial real estate debt, particularly within office buildings https://t.co/GSmJlescGF
Nearly 20% of outstanding debt on US commercial and multifamily real estate — $929 billion — will mature this year, requiring refinancing or property sales https://t.co/jwAf17cPWA
⚠️ NYCB GAINS FURTHER AS STAKE PURCHASE BY TOP EXECUTIVES LIFTS INVESTOR TRUST (Reuters) New York Community Bancorp shares surged on Monday, extending a rally from the previous session after top executives disclosing they had bought stock in the U.S. lender. The bank has been… https://t.co/0r1jqtiOKW
⚠️ REAL ESTATE PAIN FOR US REGIONAL BANKS IS PILING UP, SAY INVESTORS (Reuters) New York Community Bancorp's exposure to commercial real estate has intensified investor scrutiny around regional banks, with some expecting more pain for those with office and multifamily property… https://t.co/IoznEMieRd