US banks could get slammed with another $160 billion in losses as commercial real estate faces its biggest crash since 2008
US banks could get slammed with another $160 billion in losses as commercial real estate faces its biggest crash since 2008
www.businessinsider.com US banks could get slammed with another $160 billion in losses as commercial real estate faces its biggest crash since 2008
Up to 20% of commercial real estate loans could end up defaulting, comparable to rates seen since the Great Recession, researchers said.
