Commercial real estate is the next shoe to drop for regional banks and the stock market

Commercial real estate is probably the next pain point for regional banks and the stock market, according to BofA.

The bank noted that US regional banks account for 68% of all commercial real estate loans.

A combination of low occupancy and a wave of refinancing at higher interest rates could spell trouble for banks, stocks, and the broader economy.

https://markets.businessinsider.com/news/stocks/commercial-real-estate-debt-regional-banks-risk-stock-market-cre-2023-3?amp